Uber Rides High, But Death Cross Signals Loom: Bulls Unfazed By Technical Risks
UBERUber(UBER) Benzinga·2024-09-18 01:50

Uber Technologies Inc. UBER stock has had an impressive run this year, up a stellar 25.37% year-to-date and a whopping 57.36% in the past year.The ride-hailing giant continues to dominate its competition, but some technical indicators suggest a potential slowdown as the stock nears a Death Cross. Yet, bulls remain undeterred, betting on Uber's unique position in the market. Chart created using Benzinga ProUber Expanding Safety FeaturesOn the operational front, Uber has expanded its safety features, rolling ...