Uber Technologies Inc. stock rises Friday, still underperforms market – MarketWatch

Shares of Uber Technologies Inc. UBER, +2.47% advanced 2.47% to $23.67 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +3.33% rising 3.33% to 12,131.13 and the Dow Jones Industrial Average DJIA, +1.76% rising 1.76% to 33,212.96. This was the stock’s third consecutive day of gains. Uber Technologies Inc. closed $28.69 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 Friday, as Lyft Inc. Cl A LYFT, +0.51% rose 0.51% to $17.77, Waitr Holdings Inc. WTRH, +0.80% rose 0.80% to $0.19, and HyreCar Inc. HYRE, +3.81% rose 3.81% to $1.09. Trading volume (29.0 M) remained 5.5 million below its 50-day average volume of 34.5 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.
Investors take a breather this week, as U.S. stocks bounce back. Beneath the surface, though, are still strong undercurrents of worry about inflation.

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