Uber Technologies Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Uber Technologies Inc. (UBER) rose 1.04% to $29.15 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.88% to 11,323.33 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. This was the stock's second consecutive day of gains. Uber Technologies Inc. closed $17.51 short of its 52-week high ($46.66), which the company reached on November 16th.
The stock underperformed when compared to some of its competitors Friday, as Lyft Inc. Cl A (LYFT) rose 12.59% to $12.70, Waitr Holdings Inc. (WTRH) rose 4.44% to $0.12, and HyreCar Inc. (HYRE) rose 2.56% to $0.69. Trading volume (35.8 M) eclipsed its 50-day average volume of 27.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2022.
(END) Dow Jones Newswires
November 11, 2022 17:27 ET (22:27 GMT)
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