Uber stock plunges after whopping $5.2B quarterly loss

Uber shares plunged 6.3 percent in late trading to $40.27, after the ride-hailing giant reported a disappointing quarter capped by a record $5.2 billion loss. Uber said it lost a whopping $5.2 billion, or $4.72 a share, in the second-quarter on revenue of $3.17 billion. Wall Street had been expecting a loss of $3.12 a...