Uber shares jump to 3-month high

Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.
Hedge Fund Billionaire Ackman Reveals $2.3 Billion Stake In Uber—Stock Races To 9% Gain
Uber stock hit its highest level since October after Ackman disclosed his Pershing Square hedge fund accumulated a 1.4% stake in the ride hailer.
Uber stock jumps 7% after Bill Ackman reveals $2.3 billion stake
The Pershing Square CEO said he's admired the ridesharing giant since actor Edward Norton introduced him to the app in its early days.
Uber surges after Bill Ackman reveals $2B stake in company, credits actor Edward Norton
Billionaire hedge fund manager Bill Ackman revealed on Friday that his activist investment firm has bought up approximately $2 billion worth of shares of Uber — sending the ride-share company’s stock surging.
Ackman Says He’s Amassed a Stake in Uber Worth $2 Billion
Bill Ackman said his hedge fund Pershing Square Capital Management owns 30.3 million shares of Uber Technologies Inc., citing the strength of the rideshare company’s management and saying that its stock is undervalued.
Bill Ackman’s Pershing Square Builds a $2.3 Billion Stake in Uber
Bill Ackman has amassed a roughly $2.3 billion stake in Uber, saying in a post on X that the ride-hailing company's stock is undervalued. Ackman said Friday in the post that his Pershing Square investment fund began acquiring a position in Uber in early January and now owns 30.
Bill Ackman's Uber Bet Now Worth $2.5 Billion--Stock Jumps 7.7% as Investors Follow
Bill Ackman (Trades, Portfolio) just made a power movehis hedge fund, Pershing Square, has snapped up 33.3 million shares of Uber Technologies (NYSE:UBER), and the market is loving it. Shares jumped 7.
Bill Ackman takes a massive stake in Uber—what’s driving his bet?
Bill Ackman has a stake worth $2.3 billion in Uber stock. He says UBER is currently trading at a massive discount.
Hedge fund manager Bill Ackman takes $2.3bn stake in Uber
Ride-hailing group is ‘one of the best managed and highest quality businesses in the world’, activist investor says
Shares of Uber Surge After Billionaire Investor Bill Ackman Reveals Massive Stake
On social media platform X, Ackman tweeted today that his fund began building the Uber position in early January and today owns 30.3 million shares. Based on a current share price of $75.58, as of this writing, that equates to over a $2.3 billion stake. In the third quarter, Pershing's largest position was Brookfield Corp, valued over $1.7 billion.
Bill Ackman says now owns 33.3M shares of Uber
Beginning in early January, we began acquiring a position in @ Uber (UBER). Today, we own 33.3 million shares. I have been a long-term customer and admirer of Uber beginning when Edward Norton showed me the app in its early days.
Uber Shares Are On The Rise Today: What's Going On?
Uber Technologies Inc. (NYSE: UBER) shares are trading higher Friday after billionaire investor Bill Ackman revealed a 33.3 ...
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