The share of Uber Technologies Inc. falls on Wednesday, underperforms the market

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Shares of Uber Technologies Inc. UBER,
-1.93%
lost 1.93% to $47.15 on Wednesday, on what turned out to be an overall mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+0.13%
up 0.13% to 34,933.23 and the NASDAQ Composite Index COMP,
-0.22%
decreasing by 0.22% to 14,644.95. This was the third consecutive day of losses for the stock. Uber Technologies Inc. closed $16.90 below the 52-week high ($64.05) reached by the company on Feb. 11.

Despite the losses, the stock outperformed some of its competitors on Wednesday as Lyft Inc. Cl A LYFT,
-2.17%
fell 2.17% to $55.83, Waitr Holdings Inc. WTRH,
-8.19%
fell 8.19% to $1.57, and HyreCar Inc. HYRE,
-11.62%
fell 11.62% to $18.41. Actual trading volume (15.6 million) remained 5.8 million below the 50-day average volume of 21.4 million.

Editor’s Note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our terms of use for market data.

Sources

1/ https://Google.com/

2/ https://www.marketwatch.com/story/uber-technologies-inc-stock-falls-wednesday-underperforms-market-01626297968-10c20bc39cb1

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