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Uber Technologies stock price plummeted more than 11%: Q3 revenue and profit impressive but total order amount lower than expected.
①Uber technologies (Uber) announced its third-quarter financial report for 2024, with both revenue and profit for the quarter exceeding expectations, but total order volume falling short of expectations, leading to a significant drop in its stock price; ②Due to economic uncertainty and high inflation putting pressure on passengers, Uber's prospects highlight the market's concerns about the weakening demand for the online car-hailing industry in the past few quarters.
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