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Shares of Uber Technologies Inc. (UBER) slipped 2.47% to $27.69 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.85% to 10,564.52 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. This was the stock's fourth consecutive day of losses. Uber Technologies Inc. closed $19.96 short of its 52-week high ($47.65), which the company achieved on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Lyft Inc. Cl A (LYFT) rose 2.91% to $14.14, Waitr Holdings Inc. (WTRH) fell 1.47% to $0.15, and HyreCar Inc. (HYRE) fell 7.64% to $0.70. Trading volume (19.2 M) remained 8.1 million below its 50-day average volume of 27.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2022.
(END) Dow Jones Newswires
November 07, 2022 17:27 ET (22:27 GMT)
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