Uber Technologies, Inc. Common Stock (UBER)

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Uber Technologies (NYSE:UBER) executives said the company’s proposed acquisition offer for Delivery Hero is intended to expand its cross-platform mobility and delivery strategy into additional markets while remaining within Uber’s financial discipline and capital allocation framework. Speaking on a

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Uber's proposed $12.8 billion takeover of Delivery Hero, built on a quietly accumulated 37% stake, signals food-delivery consolidation and a shift toward margin expansion and pricing power.

Uber Technologies is trending after the company announced ~$14.8 billion takeover offer for Delivery Hero, expanding reach to 99 markets.

Uber stock was slightly higher after it announce a deal for Delivery Hero, following weeks of negotiations with the rival platform.

Ride-hailing giant Uber has agreed to pay over $14.8 billion for German food delivery platform Delivery Hero SE's acquisition.

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Uber stock was lower after Delivery Hero confirmed it was in "advanced negotiations" for a takeover from Uber.

Regardless of the valuation metrics I use, these stocks look cheap!

Both stocks have underperformed broader equities this year, but there may be plenty of upside ahead.