Published on 4 Oct 2021 on Market Watch
Uber Technologies Inc. stock outperforms competitors despite losses on the day
Shares of Uber Technologies Inc. slipped 2.83% to $45.72 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 2.14% to 14,255.48 and Dow Jones Industrial Average falling 0.94% to 34,002.92. The stock's fall snapped a two-day winning streak. Uber Technologies Inc. closed $18.33 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 Monday, as Lyft Inc. Cl A fell 3.24% to $53.68, Waitr Holdings Inc. rose 0.65% to $0.86, and HyreCar Inc. fell 6.53% to $8.02. Trading volume (21.6 M) remained 5.4 million below its 50-day average volume of 27.0 M.