Uber and Lyft have failed to keep up with shifting investor expectations, says the D.A. Davidson research analyst who covers the companies. The stock performance of both companies has suffered. Tom White, Institutional Research Analyst, says the decline reflects the companies’ failure to communicate a clear path toward profitability. White addresses the stock price losses in “Uber and Lyft Slow to React to Investor Expectations, Says D.A. Davidson Analyst,” a broadcast segment featured on Bloomberg Television.
Watch the full segment here.