Over 10,500 black-cab drivers in London have initiated a £250 million lawsuit against Uber earlier this month.
Amidst these legal challenges, Uber's financial performance remains volatile, with its stock price recently dropping 21% over two months.
E-commerce platform Shopee, which is owned by Sea Limited, was accused of violating anti-competition rules on Tuesday by Indonesia's antitrust agency. The agency known as KPPU stated that the local unit of Shopee directed customers to use certain delivery services, violating anti-competition rules.
Deckers Outdoor's Hoka and UGG brands have meaningful upside, according to this bullish analyst. Upgraded from Hold to Buy with price target raised to $1,200.
Cava Group is set to report its first-quarter financial results after the bell Tuesday and will host a conference call to discuss the results at 5 p.m. ET. The stock is moving one of the top trending tickers on WallStreetBets and is moving on above-average volume ahead of the earnings report.