Uber Technologies stock jumped 6% on Wednesday after the company said its Uber Eats platform added several new 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 is more important than autonomous‑driving projects for the company’s long‑term growth.
Institutional investors grew more optimistic after Uber announced self-driving car partnerships.
A Simply Wall Street report estimates the stock may be 13.9% undervalued.
The combined news propelled the share higher in trading.