Uber ended yesterday at $30.29, a 1.2% increase

Published: January 26 2023, 03:26 GMT+0

Uber ended yesterday at $30.29, a 1.2% increase

Yesterday at a glance: Uber recovered from the previous trading session's losses and went up to $30.29 yesterday after it traded lower at $28.8.

  • The day's trading volume totalled 14.46 million shares — slightly under the 21-day average of 18 million.

Uber was largely unchanged while the broader Technology sector added 1.2%.

This year has been a bright one for the ride-sharing giant after trading as low as $20.46 and going on to appreciate by 18% year to date. The company has a market cap of $60.41 billion with an average daily trading volume of 18 million shares. Uber last reported revenue of $8.34 billion with an EPS of -61 cents.

This rally in Uber's share price coincided with other technology stocks as ASML Holding traded at $681.53 after closing yesterday's trading day at $670 (up 1.72%).

While Uber was bullish yesterday, the following technology stocks underperformed: TSM draws back 2.27% yesterday to close at $94.56. Texas Instruments closed at $175.04 (down 1.13%).