Uber Technologies Inc. stock outperforms competitors despite losses on the day – MarketWatch

Shares of Uber Technologies Inc. UBER, -2.23% slipped 9.06% to $21.57 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, +0.18% falling 4.68% to 10,809.23 and Dow Jones Industrial Average DJIA, -0.50% falling 2.79% to 30,516.74. This was the stock’s third consecutive day of losses. Uber Technologies Inc. closed $30.79 short of its 52-week high ($52.36), which the company reached on June 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Lyft Inc. Cl A LYFT, -0.91% fell 9.38% to $14.29, Waitr Holdings Inc. WTRH, +1.46% fell 8.57% to $0.14, and HyreCar Inc. HYRE, -14.86% fell 21.63% to $0.82. Trading volume (33.1 M) remained 1.5 million below its 50-day average volume of 34.6 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Things will probably get worse before they get better. But in the past, the S&P 500 rose 17% on average in the year after a bear market.

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