Pershing Square Takes New Stake in Uber. Why Bill Ackman Is a Fan.
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Shares of Uber Technologies gained Friday after Pershing Square Capital Management revealed it had opened a new $2.2 billion position in the ride-hailing app. A filing with the Securities and Exchange Commission on Thursday showed the firm had taken a stake of 30.3 million shares in Uber during the first quarter of 2025. Uber stock rose 1.2% to $91.10.
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