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Delivery Hero shares hit 18-month high following Uber bid news

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Delivery Hero shares hit an 18-month high after the company said it received an indicative offer from Uber, with an FT report suggesting Uber may raise its bid. The takeover interest is a clear positive for Delivery Hero and supportive of the stock, though the article does not disclose terms or a deal certainty.

Analysis

Delivery Hero shares hit an 18-month high after the company said it received an indicative offer from Uber, with an FT report suggesting Uber may raise its bid. The takeover interest is a clear positive for Delivery Hero and supportive of the stock, though the article does not disclose terms or a deal certainty.

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Market Sentiment

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moderately positive

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0.55

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UBER0.20