Uber Technologies Inc. Stock Falls Wednesday, Still Outperforms Market
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Shares of Uber Technologies Inc. (UBER) shed 0.82% to $28.96 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.24% to 10,957.01 and Dow Jones Industrial Average falling 1.81% to 33,296.96. This was the stock's second consecutive day of losses. Uber Technologies Inc. closed $13.60 below its 52-week high ($42.56), which the company reached on February 10th.
Trading volume (25.2 M) eclipsed its 50-day average volume of 20.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 17:29 ET (22:29 GMT)
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