Prices: Uber and Stock

prices: A call is a type of option that gives the holder the right but not the obligation to own a stock at the current price, according to Market Watch. Uber shares UBER, -0.41% gained 3.6% Monday, while Lyft's stock LYFT, 0.56% increased 3.7%. Both stocks have struggled to live up to the prices commanded in their initial public offerings, closing higher than their respective IPO prices twice apiece in their months on the market. Uber investors in particular are getting an intriguing deal in that the company's Uber Eats business, Kahn wrote, saying it is essentially a free call option given the current stock price. After those struggles, Kahn now sees regulatory risks reflected in the stock prices and predicts that the companies will begin focusing on more profitable growth going forward. Opinion Lyft and Uber are giving investors what they want, which is bad for the rest of us She argues that the ride-haling segments can generate profits if Uber and Lyft cut sales and marketing expenses while leveraging their fixed-cost bases, as both companies appear to be attempting to do. She projects that the ride-sharing aspect of these businesses has the potential to be profitable at scale, as do Uber's food-delivery efforts. (news.financializer.com). As reported in the news.