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Why Is Everyone Talking About Uber Technologies Stock?
Billionaire investor Bill Ackman bought a huge stake in the tech company.
Uber Technologies (NYSE: UBER) entered the limelight when billionaire investor Bill Ackman disclosed his ownership of 30.3 million shares (worth more than $2 billion) in the ride-hailing company.
The tech company delivered solid returns to shareholders in the last three years after its stock price more than tripled from its 2022 bottom (in the low $20s), thanks to its improving financial prospects.
Here are some key factors investors should pay attention to when getting up to speed on this tech giant.
