Stock Of The Day: Has The Uber Meltdown Begun?

Benzinga_recent_news12-19 02:25

Uber Technologies, Inc. (NYSE:UBER) is consolidating on Thursday. The shares have been in a steep decline, and it appears that this trend may continue. • Uber Technologies shares are showing ...

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The shares have been in a steep decline, and it appears that this trend may continue.\n       • Uber Technologies shares are showing ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/technicals/25/12/49488707/stock-of-the-day-has-the-uber-meltdown-begun\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Of The Day: Has The Uber Meltdown Begun?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Of The Day: Has The Uber Meltdown Begun?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-19 02:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/technicals/25/12/49488707/stock-of-the-day-has-the-uber-meltdown-begun><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uber Technologies, Inc. (NYSE:UBER) is consolidating on Thursday. The shares have been in a steep decline, and it appears that this trend may continue.\n       • Uber Technologies shares are showing ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/technicals/25/12/49488707/stock-of-the-day-has-the-uber-meltdown-begun\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999018865.SGD","symbol_name":"United Global Quality Growth Fd Cl Dist SGD-H","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/technicals/25/12/49488707/stock-of-the-day-has-the-uber-meltdown-begun","article_id":"2592185014","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/12/18/Uber-shutterstock-2416070631.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/technicals/25/12/49488707/stock-of-the-day-has-the-uber-meltdown-begun","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2592185014","pubTimestamp":1766082300,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Shares of Uber Technologies (UBER) have broken a support level. 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The shares have been in a steep decline, and it appears that this trend may continue.\n       • Uber Technologies shares are showing limited movement. What’s ahead for UBER stock?\nUber has broken support, and this can be a bearish dynamic. This is why it is the Stock of the Day.\nWhen there are more shares for sale than there are to be bought in a market, the shares trend lower. This is because traders and investors who wish to sell undercut each other's prices. The buyers back away and wait for the sellers to come to them.\nThings change at support levels. The downtrend ends or pauses.\nAs support levels, there is a large amount of demand for a stock. There are as many, or maybe even more shares to be bought than there are for sale. Sellers can sell as many shares as they wish without having to undercut each other, so the price stops dropping.\nRead Also: Inflation Eases To 2.7% And Wall Street Finds Some Breathing Room\nSometimes stocks rally after they fall to support.\nThe $82 level has been support for Uber. Since June, the stock has rallied off this level multiple times.\nThis happened because some of the buyers became anxious and impatient. They didn't want the sellers to go to other buyers, so they increased the prices they were willing to pay. Other impatient buyers do the same, and this puts the stock into an uptrend.\nBut now the support has broken.\nSupport breaks can be followed by moves lower. If the shares are trading below what had been support, it shows that the buyers who created the support have finished or canceled their orders.  Either way, they have left the market.\nAnd when buyers leave the market, it can set the stage for a move lower.\nSellers will once again be forced to reduce their prices and undercut each other if they want to draw buyers back in. This means the move lower in Uber may continue.\nRead Next:         • White House Readies Drug Price Deals With AbbVie, Novartis, Roche\nPhoto: Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2592185014","isCrawlerRequest":true}