U.S. Markets open in 7 hrs 46 mins
  • S&P Futures

    4,312.00
    +4.25 (+0.10%)
     
  • Dow Futures

    34,155.00
    +37.00 (+0.11%)
     
  • Nasdaq Futures

    13,662.25
    +4.00 (+0.03%)
     
  • Russell 2000 Futures

    2,027.30
    +4.00 (+0.20%)
     
  • Crude Oil

    87.18
    +0.65 (+0.75%)
     
  • Gold

    1,794.80
    +5.10 (+0.28%)
     
  • Silver

    20.18
    +0.10 (+0.47%)
     
  • EUR/USD

    1.0180
    +0.0009 (+0.0916%)
     
  • 10-Yr Bond

    2.8240
    0.0000 (0.00%)
     
  • Vix

    19.69
    -0.26 (-1.30%)
     
  • GBP/USD

    1.2118
    +0.0023 (+0.1939%)
     
  • USD/JPY

    134.1780
    -0.0370 (-0.0276%)
     
  • BTC-USD

    24,126.71
    +224.55 (+0.94%)
     
  • CMC Crypto 200

    575.96
    +4.04 (+0.71%)
     
  • FTSE 100

    7,536.06
    +26.91 (+0.36%)
     
  • Nikkei 225

    29,209.60
    +340.69 (+1.18%)
     

Uber (UBER) Looks Good: Stock Adds 6.9% in Session

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Uber Technologies, Inc. UBER was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $33.41 to $41.96 in the past one-month time frame.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Uber currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Uber Technologies, Inc. Price

Uber Technologies, Inc. Price
Uber Technologies, Inc. Price


Uber Technologies, Inc. price | Uber Technologies, Inc. Quote

Investors interested in the Internet - Services industry may consider Marchex Inc MCHX, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Marchex, Inc. (MCHX) : Free Stock Analysis Report
 
Uber Technologies, Inc. (UBER) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research