14:17 ET -- Uber Technologies is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Shares of the ride-hailing platform were on pace for their highest close in more than two years, after it reported third-quarter results earlier in the day. Revenue rose 11% to $9.29 billion with gross bookings of $35.28 billion. Uber swung to a profit of 10 cents a share, from a loss of 61 cents in the prior-year quarter. Uber expects fourth-quarter gross bookings of $36.5 billion to $37.5 billion and adjusted Ebitda of $1.18 billion to $1.24 billion. The stock was up 2.7%, trading at $49.44, putting it on track for its highest close since July 6, 2021, when it closed at $50.80. Dow Jones & Co. owns Factiva (jennifer.tershak@wsj.com)

(END) Dow Jones Newswires

November 07, 2023 14:32 ET (19:32 GMT)

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