Published on 15 Nov 2022 on Market Watch
Shares of Uber Technologies Inc. rose 8.60% to $31.57 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.45% to 11,358.41 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. Uber Technologies Inc. closed $15.09 short of its 52-week high ($46.66), which the company achieved on November 16th.
The stock outperformed some of its competitors Tuesday, as Lyft Inc. Cl A rose 0.93% to $13.07, Waitr Holdings Inc. fell 0.08% to $0.12, and HyreCar Inc. fell 5.81% to $0.65. Trading volume (43.0 M) eclipsed its 50-day average volume of 28.3 M.