Uber Technologies Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Uber Technologies Inc. (UBER) inched 0.28% higher to $28.96 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.01% to 11,146.06 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. The stock's rise snapped a two-day losing streak. Uber Technologies Inc. closed $16.94 below its 52-week high ($45.90), which the company achieved on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Lyft Inc. Cl A (LYFT) fell 1.23% to $11.21, Waitr Holdings Inc. (WTRH) fell 13.91% to $0.10, and HyreCar Inc. (HYRE) rose 1.96% to $0.61. Trading volume (15.7 M) remained 13.0 million below its 50-day average volume of 28.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 17:27 ET (22:27 GMT)
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