Uber Technologies Hits Day Low of $69.95 Amid Price Pressure

Uber Technologies, Inc. experienced a notable decline today, with the stock dropping by 3.36% on February 24, 2026. The stock reached an intraday low of USD 69.95, reflecting a challenging trading session for the company. In terms of performance metrics, Uber's one-day performance contrasts with the S&P 500, which gained 0.69%. Over the past week, Uber has shown a slight increase of 1.99%, while its one-month performance indicates a decline of 13.28%. Year-to-date, the stock is down 12.64%, and over the past year, it has decreased by 9.52%. However, it is worth noting that Uber has demonstrated strong growth over a three-year period, with a return of 107.08%, significantly outperforming the S&P 500's 69.39% return. The company maintains a robust market position with a market capitalization of USD 152 billion and a P/E ratio of 17.00. Additionally, Uber has reported impressive operating profit growth of 51.16% and has consistently delivered positive results for the last 16 quarters, showcasing its operational strength in the transport services industry.