Major hedge fund manager Bill Ackman announced a big stake in Uber last Friday. The stock rocketed on the news. However, there are several risks in Uber's stock to consider before buying.

On Friday,Bill Ackman announced that his fund had opened a position in Uber. The billionaire called it one of the highest-quality businesses in the world. The company has come a long way since its ...

Uber Technologies (UBER) has terminated its proposed $950 million deal to acquire Delivery Hero's Foodpanda business in Taiwan amid regulatory hurdles. The companies announced the deal in May. In ...

Bill Ackman is one of the most closely followed portfolio managers in the world. His most recent effort to bring his ...

Investing guru Bill Ackman appears to agree with this view and recently initiated a $2.3 billion position in the stock. Uber shares currently trade at an above-market forward price to earnings ...

If you haven’t been tuning in, the new Bill Ackman bet that’s been the talk of the town in the financial scene this week is ride-hailing juggernaut Uber (NYSE:UBER). Ackman, who started buying ...

The buy is notable as Ackman runs a concentrated portfolio of only 10 to 12 stocks. And for sure, Uber is definitely a market leader. However, there are three points of caution investors should ...

Billionaire Bill Ackman, the CEO of Pershing Square ... at a massive discount to its intrinsic value. Image source: Uber. Ackman isn't wrong about Uber's turnaround. Prior to its 2019 initial ...

Billionaire Bill Ackman, the CEO of Pershing Square Capital ... On Friday, he revealed on X that he'd begun to buy shares of Uber Technologies (NYSE: UBER) early in January, and had accumulated ...