Uber Technologies Inc. Stock Sheds 4.0%, Underperforms Peers

Dow Jones04:34

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

Shares of Uber Technologies Inc. shed 4.0% to $75.65 on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.1% to 26,370.89 and Dow Jones Industrial Average falling 0.7% to 53,185.90.

Uber Technologies Inc. closed 25.8% below its 52-week high of $101.99, which the company achieved on September 22nd.

The stock underperformed when compared to some of its peers, as DoorDash Inc. fell 2.1% to $231.74, Nebius Group N.V. Cl A fell 1.4% to $206.32.

Trading volume totaled 17.9 million, compared to the 50-day average of 19.5 million.

Data source: Dow Jones Market Data, FactSet

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