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Bill Ackman reveals he’s been building a more than $2 billion stake in Uber


Bill ACKMAN, CEO. Magily Magile Magil, talking to Alpha Conference Submit in New York City on Sept 28, 2023.

Adam Jeffery | Cnbc

Pershman Nombman Square revealed on Friday that built a significant stage in Ubersaying that the stock is still trading in a “massive” discount.

In a post on X, the Hedge Fund Manager said the Uber actions and has loved 30.3 million actions, worth $ 2,3 billion of the current level of the $ 75 per part.

“We believe that Uber is one of the best administered and higher administers in the world,” ACKMM said in place. “Rimidly, can always be purchased to a massive discount to their intrinsic value. This favorite attribute combine is extremely extremely.”

Uber Surged actions more than 8% Friday. The stock had taken a wednesday shot, fall 7.5%, after the company’s sharing company offer soft guidelines and posted a miss gain.

The bag has accomplished 25% in 2025 after a disappointment 2024 where actions were 2%.

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Uber

The Pershing Square Fill has a concentrated Portfolio with 10 Holdings of stock that includes the new Uber lock. The end of the end of September, the largest pershing store was Google parent Alphabet. Brankfield, Hilton Hotel and it Mexican chipotle grill Were also their top tops.

Ackman said he was a day investor through a small investment in a vendor background, and has expedited the CEO dara KhosRowshahi and to drive the growth.

“I’ve been a long-time customer and admirer in early when Edward Norton showed me the app on their first few days,” Ackman said. “Since the jungle in 2017, Dara KhosRashwhi CEYA has done superb job by processing the company and grown up very profit.”



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