Bill Ackman Opens Massive Position in Uber! The Star Investor Capitalizes on Undervaluation to buy 30.3 Million Shares!

Bill Ackman, the billionaire hedge fund investor behind Pershing Square Capital Management, announced his massive stake in the ridesharing company Uber Technologies (Uber) on Friday, February 7, 2025, according to a post on the social media platform X. The stock finished the trading day up by 6.5% at $74.60, having been nearly 10% higher at one point. Pershing Square owns 30.3 million shares worth over $2.3 billion According to the post, Bill Ackman started building his position in Uber in early January, which has now totalled 30.3 million...