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New York Post

New York Post

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Business & Economics

Uber surges after Bill Ackman reveals $2B stake in company, credits actor Edward Norton

New York Post
Summary
Nutrition label

76% Informative

Billionaire Bill Ackman revealed Friday that his investment firm has bought up approximately $2 billion worth of shares of Uber .

Ackman wrote on X that his company, Pershing Square Capital Management , has a stake in the app that amounts to around 1% of its $161.13 billion market capitalization.

Uber shares were trading at more than 9% higher at around 1 p.m. Eastern Time on Friday .

VR Score

76

Informative language

73

Neutral language

57

Article tone

semi-formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

2

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