Market Overview

Why Uber Technologies's Stock is Up During Today's Session

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Uber Technologies's Stock Price And Volume Action

Uber Technologies's (NYSE:UBER) stock has been rising Monday, up 3.02% to a price of $54.5. The stock's current volume for the day is 6.14 million, which is approximately 30.85% of its previous 30-day average volume of 19.89 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Uber Technologies shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $49 to $68.

Perspective On Recent Price Action

The 50-day moving average price of Uber Technologies's stock was $49.04 when this article was published. The stock reached a high of $56.25 and a low of $13.71 in the past 52 weeks.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

 

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