Uber Technologies Inc. Stock Falls Monday, Underperforms Market
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Shares of Uber Technologies Inc. (UBER) slid 2.45% to $28.25 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.09% to 11,024.51 and Dow Jones Industrial Average falling 0.13% to 33,700.28. Uber Technologies Inc. closed $17.65 short of 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 Monday, as Lyft Inc. Cl A (LYFT) fell 1.43% to $11.05, Waitr Holdings Inc. (WTRH) fell 5.96% to $0.09, and HyreCar Inc. (HYRE) rose 0.31% to $0.62. Trading volume (16.1 M) remained 12.3 million below its 50-day average volume of 28.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 17:27 ET (22:27 GMT)
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