Uber Technologies Inc. Stock Falls Monday, Underperforms Market

Telephone and Data Systems Inc

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Communication Services : Wireless Telecommunication Services | Small Cap Value

Company profile

Telephone and Data Systems, Inc. is a diversified telecommunications company. It provides wireless, cable and wireline broadband, video, and voice, and hosted and managed services through its businesses, UScellular, TDS Telecom, BendBroadband and OneNeck IT Solutions. Its segments include UScellular and TDS Telecom. The TDS segment provides wireless telecommunications services. UScellular segment offers a range of devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and Internet of things (IoT) devices. In addition, UScellular also offers a range of accessories, including wireless essentials such as cases, screen protectors, chargers, memory cards and consumer electronics such as audio, home automation and networking products. TDS Telecom owns, operates and invests in communications services in a mix of rural and suburban communities throughout the United States. Its TDS Telecom provides a range of broadband, video, and voice communications.

Uber Technologies Inc. Stock Falls Monday, Underperforms Market

5:29 pm ET March 6, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Uber Technologies Inc. (UBER) shed 2.00% to $33.88 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.12% to 33,431.44 and the NASDAQ Composite Index falling 0.11% to 11,675.74. The stock's fall snapped a two-day winning streak. Uber Technologies Inc. closed $3.70 short of its 52-week high ($37.58), which the company achieved on February 8th.

Trading volume (18.9 M) remained 5.6 million below its 50-day average volume of 24.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 06, 2023 17:29 ET (22:29 GMT)