Uber Technologies Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Uber Technologies Inc. (UBER) shed 4.08% to $31.52 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.60% to 11,669.96 and Dow Jones Industrial Average falling 1.63% to 32,030.11. The stock's fall snapped a two-day winning streak. Uber Technologies Inc. closed $6.06 below its 52-week high ($37.58), which the company reached on February 8th.
Trading volume (24.6 M) remained 1.3 million below its 50-day average volume of 25.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2023.
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March 22, 2023 17:29 ET (21:29 GMT)
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