Uber Technologies Inc (NYSE:UBER) shares are trading higher by 5.34% to $27.30 Tuesday afternoon amid overall market strength.
Major indices are also higher Tuesday following better-than-expected third-quarter earnings from Goldman Sachs. Strong quarterly reports from U.S. banks have helped lift market sentiment going into the earnings season.
Shares of several companies in the broader industrial sector, including Uber, were also trading higher Monday amid overall market strength as investors anticipate corporate earnings and after the UK’s finance minister reversed the recent proposed tax cuts.
See Also: Why Norwegian Cruise Line And Royal Caribbean Group Shares Are Rising During Tuesday’s Session
According to data from Benzinga Pro, Uber has a 52-week high of $48.74 and a 52-week low of $19.90.
