Uber Technologies Inc. stock rises Wednesday, outperforms market – MarketWatch

Shares of Uber Technologies Inc. UBER, -7.08% rallied 4.46% to $22.03 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, -4.08% rising 2.50% to 11,099.15 and the Dow Jones Industrial Average DJIA, -2.42% rising 1.00% to 30,668.53. The stock’s rise snapped a four-day losing streak. Uber Technologies Inc. closed $30.33 short of its 52-week high ($52.36), which the company achieved on June 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Lyft Inc. Cl A LYFT, -8.44% rose 7.06% to $15.16, Waitr Holdings Inc. WTRH, -3.58% fell 0.62% to $0.15, and HyreCar Inc. HYRE, -14.96% rose 4.21% to $0.73. Trading volume (36.0 M) eclipsed its 50-day average volume of 35.4 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.
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