Down 30% From Its High, Should You Buy Uber Technologies Stock on the Dip?

Shares of Uber Technologies (NYSE: UBER) have been nosediving this month as investors worry about rising competition and the company's long-term growth prospects. As of this writing, the stock has declined 2% year to date and is down about 30% from its all-time high.Is this a great buying opportunity for investors, or are shares of Uber likely headed even lower?Uber stock's recent tumble began on Dec. 5 when Alphabet's Waymo announced it would be expanding to Miami. The self-driving vehicles could be available for ride-hailing services as early as 2026.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool