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Shares of Uber Technologies Inc. (UBER) rallied 2.53% to $28.79 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.99% to 11,285.32 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. The stock's rise snapped a two-day losing streak. Uber Technologies Inc. closed $17.11 short of its 52-week high ($45.90), which the company reached on January 5th.
The stock outperformed some of its competitors Wednesday, as Lyft Inc. Cl A (LYFT) rose 2.35% to $11.31. Trading volume (13.0 M) remained 15.0 million below its 50-day average volume of 28.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 17:28 ET (22:28 GMT)
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