Published on 22 Sep 2021 on Market Watch
Uber Technologies Inc. stock outperforms competitors on strong trading day
Shares of Uber Technologies Inc. rallied 1.15% to $44.87 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.02% to 14,896.85 and the Dow Jones Industrial Average rising 1.00% to 34,258.32. This was the stock's fifth consecutive day of gains. Uber Technologies Inc. closed $19.18 short of its 52-week high ($64.05), which the company achieved on February 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Lyft Inc. Cl A rose 0.44% to $54.69, Waitr Holdings Inc. rose 3.02% to $0.97, and HyreCar Inc. fell 1.27% to $8.53. Trading volume (56.1 M) eclipsed its 50-day average volume of 24.7 M.