Why Uber Stock Hit an All-Time High After Tesla's Robotaxi Rollout

Oct 11, 2024 · Uber stock was up nearly 10% at $85.66, an all-time high, on Friday afternoon. Shares of competitor Lyft ( LYFT ) also jumped almost 10%. Tesla shares slumped, putting …

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Why Uber Stock Hit An All-Time High After Tesla's Robotaxi Rollout

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Oct 11, 2024 · Uber stock was up nearly 10% at $85.66, an all-time high, on Friday afternoon. Shares of competitor Lyft ( LYFT ) also jumped almost 10%. Tesla shares slumped, putting …

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Watch These Uber Price Levels As Stock Near Record High After …

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Oct 14, 2024 · The stock hit an all-time high of $87 on Friday and finished the session 11% higher. Below, we take a look at the technicals on Uber’s chart and identify important price levels worth watching ...

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Trading Near All-Time High, Why UBER Stock Is Still Worth Buying …

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Oct 16, 2024 · Here’s What Propelled UBER Stock to an All-Time High. Uber shares gained 10.8% on Oct. 11 following Tesla’s (TSLA Quick Quote TSLA - Free Report) not-so-exciting …

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IBD Stock Of The Day: Uber Stock Breaks Out After Tesla's …

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Oct 11, 2024 · With the action, Uber stock broke out past an 82.14 buy point from a nearly six-month-long consolidation pattern. Uber's smaller rival Lyft , meanwhile. is up 8% at 13.39. …

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Here's Why Uber Stock Is Crashing - Finbold

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Dec 12, 2024 · After Tesla (NASDAQ: TSLA) held its disappointing ‘Robotaxi day’ event on October 10, Uber shares reached an all-time high of $86.34.However, a vast majority of those …

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Uber Stock Regains Grounds After Robotaxi Sell-Off. Here's Why ...

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Dec 12, 2024 · But Wednesday's slide marked the second time the past seven days that Uber stock sold off in response to robotaxi-related news. Shares sank more than 10% last …

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Tesla Robotaxi Event: Why The Stock Fell 8.8% Afterward ... - Barron's

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Oct 11, 2024 · Tesla stock had a rough day following its highly-anticipated Robotaxi Day. Shares of the electric-vehicle maker closed at $217.80, down 8.8%, while the S&P 500 and Dow …

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Uber Stock, Lyft Shares Rise; Robotaxi Revolution Approaches

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Jan 6, 2025 · The ride-sharing giants are having a good Monday, following Uber's announcement of a $1.5 billion accelerated share-repurchase program. In the young year, Uber is up about …

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Uber And Nvidia Vs. Tesla: Who Will Win The Autonomous Race?

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4 days ago · After rallying as high as $87, the stock sold off and found support near the $60 level. It's difficult to pinpoint exactly why this sell-off happened, but we could point to a few reasons. …

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FAQs about Why Uber Stock Hit an All-Time High After Tesla's Robotaxi Rollout Coupon?

Why did Uber share a high in TSLA?

No wonder, the underwhelming Robotaxi event of TSLA propelled Uber shares to an all-time high. Uber had suspended its autonomous vehicles or AV program in Arizona in 2018 after a pedestrian fatality. Since then, Uber has revamped its AV strategy, partnering with the likes of Alphabet 's GOOGL Waymo. ...

How did Uber's stock perform in the last three trading sessions?

In the last three trading sessions, the stock hovered at more than $82/share, closing at $83.2 on Tuesday. That’s not very far from its all-time high of $87, hit on Friday. Uber shares gained 10.8% on Oct. 11 following Tesla ’s TSLA not-so-exciting robotaxi event, which failed to meet expectations. ...

Did Tesla's robotaxi event fail to live up to expectations?

Hollie Adams/Getty Images News Uber Technologies (NYSE:UBER) shot up to an all-time high on Friday after Tesla's (TSLA) robotaxi event failed to live up to some of the high-flying expectations. ...

How did Tesla stock react to Uber's Robo-day?

"Both Tesla stock and Uber reacted the way you would have expected given the robo-day from Tesla. It was a classic example of long-term versus short-term. And they were the opposite for Uber and for Tesla," Martin says of the movement. ...

Why is Uber more attractive to investors than Tesla?

As investors were left looking for more insight and further information about the robotaxi rollout, Uber became more attractive to investors. If Tesla cannot meet expected timelines for the release of its robotaxis, Uber will, therefore, have more time to get ahead of the game. ...

Why did Uber stock sell off?

After rallying as high as $87, the stock sold off and found support near the $60 level. It's difficult to pinpoint exactly why this sell-off happened, but we could point to a few reasons. But shares of Uber seemed to find a bottom shortly after the company announced an accelerated share repurchase program of $1.5 billion. ...