Published on 8 Aug 2022 on Market Watch
Uber Technologies Inc. stock outperforms competitors despite losses on the day
Shares of Uber Technologies Inc. slid 0.50% to $31.85 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.09% to 32,832.54 and the NASDAQ Composite Index falling 0.10% to 12,644.46. The stock's fall snapped an eight-day winning streak. Uber Technologies Inc. closed $17.03 below its 52-week high ($48.88), which the company reached on October 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Lyft Inc. Cl A fell 2.22% to $19.83, Waitr Holdings Inc. rose 2.55% to $0.48, and HyreCar Inc. rose 8.89% to $0.91. Trading volume (28.0 M) remained 4.1 million below its 50-day average volume of 32.2 M.