- Karen Colonias to step down as CEO on December 31, 2022, and retire from the Company on June 30, 2023
- Michael Olosky to succeed Karen Colonias as Chief Executive Officer on January 1, 2023
Why Uber Shares Are Falling
Uber Technologies Inc (NYSE: UBER) shares are trading lower by 3.96% to $34.47 Friday afternoon possibly in sympathy with Lyft Inc (NASDAQ: LYFT), who issued first-quarter revenue guidance below analyst estimates.