Flying Cars? Uber Sold Its Air Taxi Business — Now It Might Want Back In
Leading ride-share company Uber Technologies (NYSE: UBER) recently filed several trademarks that could suggest an expansion of the company’s business to a new sector.
The filings come years after the company exited the same business line.
Let’s dive in.
Stocks That Hit 52-Week Lows On Tuesday
Tuesday's session saw 325 companies set new 52-week lows.
Benzinga Pro’s Top 5 Stocks To Watch For Monday, December 12, 2022: MSFT, DIS, AMGN, LILM, JEWL
Microsoft (MSFT) - The company purchased a 4% stake in the London Stock Exchange over the weekend. A nearly $3 billion deal, Microsoft and the LSE also formed a 10-year partnership for Microsoft's Cloud segment
Stocks That Hit 52-Week Lows On Thursday
During Thursday's trading, 138 companies set new 52-week lows.
Barclays Downgrades Lilium to Underweight, Lowers Price Target to $1
Barclays analyst David Zazula downgrades Lilium (NASDAQ:LILM) from Equal-Weight to Underweight and lowers the price target from $2 to $1.
Piper Sandler Maintains Overweight on Lilium, Lowers Price Target to $7
Piper Sandler analyst Alexander Potter maintains Lilium (NASDAQ:LILM) with a Overweight and lowers the price target from $9 to $7.