Shares of Uber Technologies Inc. UBER rallied 2.66% to $66.31 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.24% to 19,

The ride-sharing giants are having a good Monday, following Uber's announcement of a $1.5 billion accelerated share-repurchase program. In the young year, Uber is up about 10%, while Lyft is up 12%. D

Uber Technologies and Lyft stocks were rising Monday after two analysts shared optimistic views about the ride-hailing platforms despite concern about competition with autonomous vehicles. Both Uber and Lyft stocks hit the brakes in 2024.

Uber Technologies (NYSE:UBER) rallied in early action on Tuesday after the company announced that it has entered into an accelerated share repurchase agreement to repurchase $1.5 billion of shares of common stock.