Why Uber Stock Was Gaining Again Today
Shares of Uber Technologies (NYSE: UBER) were moving higher for the second day in a row, seemingly in response to billionaire Bill Ackman's announcement that he has invested more than $2 billion into Uber stock. Additionally, investors seemed to shrug off some news about a rival or even saw it as a positive sign.As of 2:40 p.m. EST, the stock was up 5.4%.Image source: Getty Images.Continue reading
Shares of Uber Technologies (NYSE: UBER) were moving higher for the second day in a row, seemingly in response to billionaire Bill Ackman's announcement that he has invested more than $2 billion into Uber stock. Additionally, investors seemed to shrug off some news about a rival or even saw it as a positive sign.
As of 2:40 p.m. EST, the stock was up 5.4%.
Image source: Getty Images.
