Uber Technologies stock jumped 6% on Wednesday after the company said its Uber Eats platform added several additional retail partners.
The rise came on June 24, when the share price closed up 5.95% according to TradingKey.
Analysts have been debating whether demand distribution outweighs autonomous‑driving projects for the company’s long‑term growth.
Institutional investors turned more bullish after Uber announced robotaxi collaborations.
A Simply Wall Street report estimates the stock may be 13.9% underpriced.
The combined news lifted the share to new heights in trading.