Wall Street closes lower on trade war escalation, weak data
A majority of the 11 S&P 500 sectors traded lower, with consumer discretionary leading losses with a roughly 2.5 per cent ...
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 ...
Uber stock jumps as Bill Ackman reveals $2.3B stake
Uber (UBER) stock is climbing higher Friday afternoon following billionaire Bill Ackman's disclosure of a significant investment in the rideshare company. In a post on X (formerly Twitter), Ackman ...
Stock market today: Dow, S&P 500, Nasdaq slide as inflation, tariff fears push stocks to another losing week
US stocks fell on Friday as investors reacted to the threat of more possible tariffs from the Trump administration while ...
Uber Stock Surges For Second Day As Ackman Announces $2 Billion Stake
Uber stock gained a second straight day as Bill Ackman said he had built a stake worth more than $2 billion. Freyr announced ...
Uber shares jump to three-month high after Bill Ackman builds $2 billion stake
By Chibuike Oguh NEW YORK (Reuters) -Shares of Uber Technologies jumped to a three-month high on Friday after billionaire ...
Bill Ackman's Pershing Square Builds $2.3 Billion Stake in Uber — 2nd Update
Ackman said on Friday in the post that his Pershing Square investment fund began acquiring a position in Uber in early January and now owns 30.3 million shares. That would give him a 1.4% ownership ...
Uber’s stock is having its best two-day run since 2023. Why Bill Ackman is a believer.
Uber’s stock extends its surge as hedge funder Ackman says he’s amassed a 30.3-million-share stake since early January.
Stock Market News: The Dow, S&P 500, and Nasdaq Are Falling
The Dow, S&P 500 and Nasdaq are falling on Friday as the stock market digests the January jobs report and fears about higher inflation.
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 ...
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.
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 ...