Uber's Stock Price Hits $45 a Share Today

The ride sharing giant uber reached $45 a share earlier today matching it's IPO price finally from back in 2019 the move back to the milestone is doing part of the 81% gain for uber year to date so what is behind its rise can it keep going from here let's bring in the former chief business officer at uber amel Michael. Amel: The major thing that's happened that's really driven the stock price action this year in my opinion is the demise of lift as aReally formidable competitor sort of like managing the client of the Soviet Union That sort of happened and the ride share wars in my view in the US are over and uber 1 will continue to grow.