Uber Misses on Profit Outlook; Lilly Sees Surging Sales; Chipotle Projects Flat Growth
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Uber Technologies (UBER) gave a weak profit outlook and promoted an outspoken driverless-vehicle bull to be its new chief financial officer, signaling further investment in a closely watched area of the ride-hailing company’s business. The executive, Balaji Krishnamurthy, has been with Uber for more than six years and is currently vice president of strategic finance and investor relations. He will replace current CFO Prashanth Mahendra-Rajah, who is leaving for another opportunity after less than…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.