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Uber Technologies Inc. Stock Falls Wednesday, Underperforms Market

DowjonesNews MarketWatch · Oct 13, 2021 17:27

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

Shares of Uber Technologies Inc. (UBER) slumped 0.66% to $46.41 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.73% to 14,571.64 and the Dow Jones Industrial Average falling 0.00% to 34,377.81. Uber Technologies Inc. closed $17.64 below its 52-week high ($64.05), which the company achieved on February 11th.

The stock underperformed when compared to some of its competitors Wednesday, as Lyft Inc. Cl A (LYFT) rose 1.31% to $53.24, Waitr Holdings Inc. (WTRH) rose 58.45% to $1.27, and HyreCar Inc. (HYRE) remained unchanged. Trading volume (13.7 M) remained 12.0 million below its 50-day average volume of 25.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 13, 2021.

-MarketWatch Automation

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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