Uber Technologies Inc. stock falls Friday, underperforms market – MarketWatch

Shares of Uber Technologies Inc. UBER, -3.78% shed 3.78% to $29.01 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, -2.01% falling 2.01% to 12,705.22 and Dow Jones Industrial Average DJIA, -0.86% falling 0.86% to 33,706.74. This was the stock’s fourth consecutive day of losses. Uber Technologies Inc. closed $19.87 below its 52-week high ($48.88), which the company reached on October 8th.
Despite its losses, the stock outperformed some of its competitors Friday, as Lyft Inc. Cl A LYFT, -5.40% fell 5.40% to $16.65, Waitr Holdings Inc. WTRH, -5.41% fell 5.41% to $0.30, and HyreCar Inc. HYRE, -8.47% fell 8.47% to $1.08.true Trading volume (24.2 M) remained 7.2 million below its 50-day average volume of 31.3 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.
Oil companies are minting money, and as long as crude prices don’t fall too much further, the rally should continue.

Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Visit a quote page and your recently viewed tickers will be displayed here.

source

Related Articles