Carmen Reinicke, provided by Published 1:46 pm PDT, Thursday, August 8, 2019 Spencer Platt/Getty Images Uber reported second-quarter earnings Thursday that fell short of analyst expectations. Shares tanked as much as 12% in aftermarket trading on the news. Uber’s CEO Dara Khosrowshahi said that losses should come down in the next few years. Watch Uber trade live on Markets Insider. Uber lost more money in the second quarter than experts expected. Shares of Uber sank as much as 12% late Thursday after the company reported second-quarter earnings results that missed analyst expectations. It’s worth noting, however, that Uber’s stock rallied more than 8% during regular trading after riding the momentum of rival Lyft’s strong report.See the rest of the story at Business Insider Join the conversation about this story » NOW WATCH: What El Chapo is really like, according to the wife of one his closest henchman See Also: Trader Joe’s employees share 3 annoying things they wish shoppers would stop doing 6 tiny details pilots notice when they fly as passengers that you probably miss Everything tennis icon Roger Federer eats and drinks for breakfast, lunch, and dinner
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