Ackman Buys $2B Uber Shares
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UberNew York Post
•Business
Business & Economics
Uber surges after Bill Ackman reveals $2B stake in company, credits actor Edward Norton
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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 .
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