Uber Stock Rises After CEO Khosrowshahi has Bought $10 Million Shares!

Uber CEO Dara Khosrowshahi buys around $10 million in shares – a rare sign of confidence while the stock is more than 30% below its peak from the previous year. The stock subsequently rises by about 3%. He is already the third Uber executive to make a purchase recently. Signal of confidence from the top The Uber stock jumps by around 3% on Thursday after CEO Dara Khosrowshahi disclosed a stock purchase of about $10 million. According to a report to the US Securities and Exchange Commission (SEC), he acquired 141,000 shares on September 10...