Uber's Trading Volume Drops 31.42% to $13.72 Billion Ranking 43rd in Market

On March 24, 2025, Uber's trading volume reached $13.72 billion, a 31.42% decrease from the previous day, ranking 43rd in the day's stock market. Uber's stock price rose by 0.88%, marking the fourth consecutive day of gains, with a total increase of 6.93% over the past four days.

Uber has taken swift action to address customer concerns by promising to eliminate tipping for certain customers immediately. The company has also ended price switches after a ride has been ordered, ensuring a more transparent and fair experience for users. This move is part of Uber's ongoing efforts to improve customer satisfaction and streamline its services.

Additionally, Uber has announced that its internal computer systems were breached by a hacker. The company acknowledged that a hacker shared evidence of the breach, highlighting the need for enhanced cybersecurity measures. Uber is taking steps to strengthen its security protocols to prevent future incidents and protect user data.