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Shares of Uber Technologies Inc. (UBER) sank 0.90% to $27.44 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.49% to 10,616.20 and the Dow Jones Industrial Average rising 1.02% to 33,160.83. This was the stock's fifth consecutive day of losses. Uber Technologies Inc. closed $19.22 short of its 52-week high ($46.66), which the company reached on November 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Lyft Inc. Cl A (LYFT) fell 22.91% to $10.90, Waitr Holdings Inc. (WTRH) fell 5.34% to $0.14, and HyreCar Inc. (HYRE) fell 0.12% to $0.69. Trading volume (27.0 M) remained 281,767 below its 50-day average volume of 27.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2022.
(END) Dow Jones Newswires
November 08, 2022 17:28 ET (22:28 GMT)
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