Published on 8 Oct 2021 on Market Watch
Uber Technologies Inc. stock falls Friday, still outperforms market
Shares of Uber Technologies Inc. slid 0.29% to $47.77 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.51% to 14,579.54 and Dow Jones Industrial Average falling 0.03% to 34,746.25. The stock's fall snapped a two-day winning streak. Uber Technologies Inc. closed $16.28 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 Friday, as Lyft Inc. Cl A rose 0.35% to $54.89, Waitr Holdings Inc. fell 1.88% to $0.84, and HyreCar Inc. fell 0.37% to $8.15. Trading volume (18.0 M) remained 8.5 million below its 50-day average volume of 26.5 M.