Uber Technologies Inc. Stock Rises Wednesday, Still Underperforms Market

Dow Jones
10 Apr

DJ Uber Technologies Inc. Stock Rises Wednesday, Still Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Uber Technologies Inc. $(UBER)$ surged 11.70% to $72.68 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 12.16% to 17,124.97 and the Dow Jones Industrial Average rising 7.87% to 40,608.45.

Uber Technologies Inc. closed 16.46% below its 52-week high of $87.00, which the company achieved on October 11th.

The stock underperformed when compared to some of its competitors Wednesday, as DoorDash Inc. $(DASH)$ rose 13.77% to $188.58, Nebius Group N.V. Cl A $(NBIS)$ rose 16.95% to $23.46, and Lyft Inc. Cl A $(LYFT)$ rose 13.74% to $11.34.

Trading volume (30.1 M) eclipsed its 50-day average volume of 23.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2025.

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April 09, 2025 16:35 ET (20:35 GMT)

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