JP Morgan analyst Steven Alexopoulos downgrades Live Oak Bancshares (NASDAQ:LOB) from Overweight to Neutral and lowers the price target from $58 to $41.
Uber Rival Wheely Launches In Dubai, Targeting Wealthy Clientele With High-End Electric Cars
Wheely, a luxury-focused ride-hailing service, is set to launch in Dubai, posing a challenge to the market's current leader, Uber-owned Careem. The London-based company is targeting affluent clients with a fleet of electric cars.