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Shares of Uber Technologies Inc. (UBER) slid 3.24% to $26.55 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 2.48% to 10,353.17 and Dow Jones Industrial Average falling 1.95% to 32,513.94. This was the stock's sixth consecutive day of losses. Uber Technologies Inc. closed $20.11 short of its 52-week high ($46.66), which the company achieved on November 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Lyft Inc. Cl A (LYFT) fell 2.39% to $10.64, Waitr Holdings Inc. (WTRH) fell 1.14% to $0.14, and HyreCar Inc. (HYRE) fell 2.33% to $0.68. Trading volume (20.8 M) remained 6.6 million below its 50-day average volume of 27.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.
(END) Dow Jones Newswires
November 09, 2022 17:27 ET (22:27 GMT)
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