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Shares of Uber Technologies Inc. (UBER) dropped 0.60% to $28.08 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.36% to 11,174.41 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. This was the stock's second consecutive day of losses. Uber Technologies Inc. closed $17.82 short of its 52-week high ($45.90), which the company reached on January 5th.
The stock underperformed when compared to some of its competitors Tuesday, as Lyft Inc. Cl A (LYFT) remained unchanged. Trading volume (20.4 M) remained 7.8 million below its 50-day average volume of 28.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 17:27 ET (22:27 GMT)
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