Uber's Trading Volume Drops 26.95% to $1.157 Billion, Ranks 66th in Daily Volume

On April 11, 2025, Uber's trading volume reached $1.157 billion, marking a 26.95% decrease from the previous day. The company's stock price rose by 1.89%, placing it at the 66th position in the day's trading volume rankings.

Waymo, the autonomous vehicle unit of Alphabet Inc., has significantly increased its driverless ride services in Austin. In the first 27 days of operation, Waymo's driverless rides surged by 80% in its designated service area. This expansion has led to Waymo's robotaxis accounting for 20% of all Uber rides in Austin during the last week of March. This development highlights the growing competition in the autonomous vehicle sector and its potential impact on Uber's market share.