Uber stock dips after CES robotaxi buzz meets fresh regulatory heat
Uber shares fell 2.45% to $85.44 Friday, ending a three-day rally as trading volume lagged its 50-day average. Nvidia announced a robotaxi partnership with Uber at CES, while California regulators questioned Waymo and heard protests from Uber and Lyft drivers. Wells Fargo raised its Uber price target to $122; Cantor Fitzgerald cut its target to $99.