Uber Technologies Inc. Stock Falls Friday, Underperforms Market
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Shares of Uber Technologies Inc. (UBER) slipped 1.18% to $28.39 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.28% to 10,475.25 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. This was the stock's third consecutive day of losses. Uber Technologies Inc. closed $20.35 below 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 Friday, as Lyft Inc. Cl A (LYFT) rose 0.15% to $13.74, Waitr Holdings Inc. (WTRH) fell 2.97% to $0.15, and HyreCar Inc. (HYRE) rose 1.69% to $0.75. Trading volume (22.3 M) remained 4.8 million below its 50-day average volume of 27.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 17:28 ET (21:28 GMT)
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