Uber Technologies Inc. stock falls Friday, still outperforms market – MarketWatch

Shares of Uber Technologies Inc. UBER, -3.51% shed 3.51% to $28.58 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, -3.94% falling 3.94% to 12,141.71 and Dow Jones Industrial Average DJIA, -3.03% falling 3.03% to 32,283.40. The stock’s fall snapped a two-day winning streak. Uber Technologies Inc. closed $20.30 short of its 52-week high ($48.88), which the company achieved on October 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Lyft Inc. Cl A LYFT, -5.49% fell 5.49% to $14.97, Waitr Holdings Inc. WTRH, -2.44% fell 2.44% to $0.27, and HyreCar Inc. HYRE, -8.90% fell 8.90% to $0.90. Trading volume (16.5 M) remained 13.3 million below its 50-day average volume of 29.8 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.
The central bank won’t be pivoting any time soon, which could be particularly painful for pricey growth stocks.

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