Uber Technologies IncUber Eats adds five new retail partners, expanding marketplace and driving potential delivery demand.

Uber shares rose 5.8% after the company announced the addition of five new U.S. retail partners to its Uber Eats marketplace, including Kiehl's, FedEx Office, Blick Art Materials, Academy Sports + Outdoors, and Choice Pet. The rally was also supported by Tigress Financial Partners raising its price target on the stock to $115 and a disclosure that U.S. Representative Nancy Pelosi made a bullish bet on the company through long-dated call options. Uber further revealed plans with partner WeRide to launch a commercial robotaxi service in Zurich, their second planned European deployment. The stock remains down 10.6% year-to-date and is trading 26% below its 52-week high of $100.10.
Uber Technologies IncUber Eats adds five new retail partners, expanding marketplace and driving potential delivery demand.
WeRide Inc.
Academy Sports Outdoors Inc
WeRide Inc. American Depositary Shares
FedEx Corporation
LOréal S.A.