Uber Technologies Inc. shares surged to a new all-time high, rising more than 3% to surpass the $100 mark, reaching intraday highs around $101. This rally occurred despite a broader market downturn and ongoing trade tensions. Uber's stock strength stood out among other notable companies hitting 52-week highs, including BlackRock, Morgan Stanley, Citigroup, Royal Caribbean, and Booking Holdings. Market participants noted Uber's breakout through $95 earlier in the day, with call options activity signaling expectations for continued gains. The stock's performance contrasts with weakness in Tesla shares amid scrutiny of CEO Elon Musk's recent actions. Overall, Uber's share price momentum reflects investor confidence amid mixed market conditions and tariff concerns.
Uber Rallies to Record High Shares jumped 3.3%, hitting a new peak amid broader market downturns. #RideHailing #Uber https://t.co/H2xxbVOWM9
Even on a red day, some names don’t flinch. This scan finds stocks printing fresh 52-week highs, true relative strength when the rest of the market is fading. That’s the kind of signal worth watching: $UBER $SOFI $RCL $BKNG $MS $ICE $C $CCL $BK https://t.co/uO5nXcR0lj
$UBER 1200x2400x July 11th weekly $96/$101 call ratios opening at $1.05 debit...playing for a move to 100 by Friday..