Uber Stock: Is it Worth the buy or not?

There were several businesses whose growth came to a standstill and even went down because of the coronavirus pandemic. The pandemic, however, is still not slowing down and the risk of the spread of the virus is quite high. The news of vaccines has brought some good news but how its impact will be, no one can be very sure about this fact. Therefore, this situation is still speculative for certain stocks, whose growth is dependent on the pandemic. Let us discuss Uber Technologies Inc. (NYSE: UBER). The stocks of this company which is famous for its food delivery service and ride-sharing service had to incur losses this year because of the pandemic. The lockdown imposed at various locations worldwide to curb the spread of the virus had completely stopped the traveling and food deliveries for some time. This was the time when these companies had almost no income. The situation somewhat improved after the lockdowns got opened but people were still scared of the virus and hence, the company could barely cover up its loss. Uber Stock this Year The sales of this company fell by 18% this year. Also, the loss of the company per share has come out to be 62 cents. The situation has improved and the stocks have surged up a little but the occasional ups and downs of the stock continue.  Uber Technologies Inc. (NYSE: UBER)  52 Week Range: $13.71 - $56.02 Average Volume: 21,098,443 Market Capital: $91.363B Forward Dividend and Yield: N/A (N/A)…