Bill Ackman Makes $2.3 Billion Bet on Uber's Future
What does Ackman see in Uber today?
Uber (NYSE: UBER) got a huge new investor last week when hedge fund manager Bill Ackman announced a $2.3 billion stake in the company. Ackman is known as a long-term investor willing to bet big on concentrated ideas, and in this video, Travis Hoium covers what he may be seeing.
*Stock prices used were end-of-day prices of Feb. 11, 2025. The video was published on Feb. 12, 2025.