Billionaire Bill Ackman buys $2.3 billion of beat-down tech stock

The long-time hedge fund manager thinks this stock is "at a massive discount."

Feb 11, 2025 - 13:39
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Billionaire Bill Ackman buys $2.3 billion of beat-down tech stock

Have billionaires ever called an Uber?

Maybe Bill Ackman has. He said he has been "a long-term customer and admirer of Uber beginning when Edward Norton showed me the app in its early days,"

"I was also fortunate to be a day-one investor in the company through a small investment in a venture fund," the billionaire wrote on X.