Uber Technologies stock soared 6% on Wednesday after the company said its Uber Eats platform added several fresh retail partners.
The gain came on June 24, when the share price closed up 5.95% according to TradingKey.
Analysts have been weighing whether demand distribution matters more than autonomous‑driving projects for the company’s long‑term growth.
Institutional investors became more confident after Uber announced self-driving car partnerships.
A Simply Wall Street report suggests the stock may be 13.9% underpriced.
The combined news pushed the share upward in trading.