Uber slips as Arete Research downgrades, citing ‘earnings quality’ worries (UBER)

Uber logo inscriptioned on a white painted car. Uber car in traffic.

Cristi Croitoru/iStock Editorial via Getty Images

Uber Technologies (NYSE:UBER) fell more than 2% on Thursday as investment firm Arete Research downgraded the ride-sharing company, citing worries over the “earnings quality” of it and its competitor, Lyft (NASDAQ:LYFT).

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