Uber just reported massive losses that were larger than Wall Street expected — and the stock is sink

Uber on Thursday reported second-quarter earnings that widely missed Wall Street expectations.  The ride-hailing giant lost $4.72 per share on revenues of $3.17 billion. A big chunk of Uber's massive $5.24 billion loss was because of stock-based compensation from its initial public offering earlier this year. The stock was down as much as 12%, or $5.33, in after-hours trading. Follow Uber's stock in real time here. Uber on Thursday reported second-quarter losses that were wider than Wall...