Reported about 5 hours ago
Uber's stock price sees a significant rise after billionaire Bill Ackman announces a $2.3 billion stake in the rideshare company. Ackman's firm, Pershing Square Capital Management, has acquired 30.3 million shares since January, making it the 12th largest shareholder. Analysts are discussing the implications of this substantial investment on the company's market position.
Source: YAHOO