Uber Technologies Inc. Stock Sheds 5.3%, Underperforms Peers
Dow Jones2026/08/05 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Uber Technologies Inc. shed 5.3% to $68.18 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.5% to 54,349.12 and the NASDAQ Composite Index falling 0.8% to 26,363.44.
The stock's fall snapped a two-day winning streak.
Uber Technologies Inc. closed 33.2% short of its 52-week high of $101.99, which the company reached on September 22nd.
The stock underperformed when compared to some of its peers, as DoorDash Inc. rose 2.4% to $207.27, Nebius Group N.V. Cl A fell 3.0% to $218.99.
Trading volume totaled 49.3 million, compared to the 50-day average of 20.3 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 05, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Meta (META.US) data center's first high-yield bond is oversubscribed more than four times, strong demand drives premium issuance
The first junk bond issuance by the data center division of Meta Platforms attracted demand over four times the transaction size, with its enticing yields drawing in investors.
US stock index adjustments to take effect next Monday: Bloom Energy (BE.US) and Everpure (P.US) to be included in S&P 500, changes also for mid- and small-cap stocks
Bloom Energy, Illumina, and Everpure will be included in the S&P 500 index, while several other companies will be added to the S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices.
Is the Federal Reserve repeating the 2022-style rate hikes? Bank of America warns: Rates may return above 5%, suggests shorting two-year U.S. Treasuries.
Bank of America warns: With Waller at the helm, the Federal Reserve may raise interest rates above 5%, potentially repeating the events of 2022.
Crypto prices
More
