Uber Faces Tax Investigation by IRS and Foreign Authorities

The video discusses Uber's financial challenges, focusing on its tax issues and market reactions. Uber is facing scrutiny at both federal and state levels, with potential reductions in tax benefits due to transfer pricing positions. Despite these challenges, several banks have initiated buy ratings on Uber post-IPO, although the market reaction has been mixed.

What recent financial news has affected Uber's stock price?

How much could Uber's tax benefits be reduced by over the next 12 months?

What is the significance of the quiet period ending for Uber?

Which banks initiated a buy recommendation for Uber?

What impact did the recent news have on Uber's premarket trading?