Uber Technologies at record low as 'frustrations' persist over outlook

Uber Technologies Inc. shares, which have spent more time below their recent IPO price than above it, fell to a record low Wednesday, as market sentiment broadly soured on fears of a global slowdown and amid lingering disappointment with last week’s second-quarter report, according to analysts.

The stock dropped as much as 6.5 per cent  to $34.10, the lowest price since its May debut, as major averages slumped 2 per cent . Uber has lost 24 per cent  of its value since it began trading, with much of that slide occurring in the week since its earnings, which came on the