Uber Technologies shares climbed to $67.65, halting a six-session decline that erased 9% of its value.
Uber Technologies (UBER) shares rose 2.6% to $67.65 on Monday, ending a six-session losing streak. The stock had fallen 9% over the prior six days, contributing to a 12% decline over the past month.
The rebound follows a period of broader market volatility and sector-specific pressures. Uber’s shares had underperformed relative to peers, with investors monitoring regulatory developments and growth metrics.
No immediate market reaction data was provided beyond the price movement.