Uber Technologies Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Uber Technologies Inc. (UBER) slid 3.16% to $28.81 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 3.36% to 10,524.80 and Dow Jones Industrial Average falling 1.55% to 32,147.76. Uber Technologies Inc. closed $19.93 short of its 52-week high ($48.74), which the company achieved on November 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Lyft Inc. Cl A (LYFT) fell 7.59% to $14.00, Waitr Holdings Inc. (WTRH) rose 2.46% to $0.15, and HyreCar Inc. (HYRE) fell 8.12% to $0.73. Trading volume (36.8 M) eclipsed its 50-day average volume of 26.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 17:28 ET (21:28 GMT)
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