Over 1 Year Ago
2 Min Read

UBER is making big moves today after a teenage hacker breaks in



 Shares of Uber (UBER) are trading -5% lower at a price of $31.355 at the time of this writing. The stock is lagging peers on a mildly glum day for the Industrials sector.

-A teenage hacker used social engineering to gain access to Uber's Slack.
-The hacker is advocating for driver's rights.


Uber has been trading between a 52-week high of $48.88 and a 52-week low of $19.9. The stock has a market cap of $58.3 Billion.

Uber's mission is to create opportunity through movement. The company started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 15 billion trips later, Uber is building products to get people closer to where they want to be.

Headlines


Uber investigates ''cybersecurity incident'' after reports of a hack on the company
Kwhen Finance 09-16-22

Uber Hacked! Teenage hacker advocating driver’s rights used social engineering to gain access to Uber’s Slack & internal systems
Tech Startups 09-16-22

Top Financial Media Stories Friday, September 16: Uber Internal Systems Hacked By A Teenager, Germany Takes Control of Oil Refineries Owned by Russia''s Rosneft, Kanye West End Apparel Partnership with Gap And More..
Benzinga 09-16-22

Uber confirms it was hit by major cyberattack
TechRadar 09-16-22

Uber investigating data breach after been hacked
Radio Nigeria 09-16-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

HaHawk - 8 upvotes - source
Uber got hacked 🪓 bool just can't catch a break 💔

SpikeFoo - 6 upvotes - source
Uber puts were so cheap yesterday and they were the only stock that wasn't down - hope I make money today

Apprehensive_Bat_388 - 5 upvotes - source
You’re tipping an Uber driver 1 measly dollar. You’re a piece of shit. He probably has more money than you do.

VacationLover1 - 5 upvotes - source
About to get picked up at the airport by some guy driving Uber for the first time. My ride is 45 minutes long. I’m just going to fuck with him the whole way by being annoying

mathboom123 - 5 upvotes - source
Uber up 10% Premarket

OrdinarySignature823 - 4 upvotes - source
Mutha fuckers like Uber now but I’m in Lyft.

intrestingtalk - 4 upvotes - source
I was driving and I look over at this Uber next with the windows down talking to this guy about his vacations. Guy in the back seems mad, I’m guessing because he’s too poor to go.

Send_Lawyers - 4 upvotes - source
Anyone holding UBER Puts? Word on the twitters is that the cyber attack is a BFD.

Live_Ad_1879 - 3 upvotes - source
https://www.msn.com/en-us/money/markets/ftc-sends-a-warning-to-uber-lyft-doordash-and-other-e2-80-98gig-work-e2-80-99-companies/ar-AA11SH4M

Bad_Driver69 - 3 upvotes - source
Been waiting at the airport for a while, finally got an Uber, he has no stars so I assume it’s his first pickup. Goes by the name of Jay.