Uber Technologies Inc.: CFO takes advantage of share weakness to invest around $1.6 million!

Uber Technologies reported a strong fourth-quarter report on February 4. Gross bookings rose 22% year-over-year to $54.1 billion, while revenue grew 20% to $14.4 billion. Particularly noteworthy is the increased profitability. The adjusted EBITDA surged 35% to a record $2.5 billion. Although the unadjusted GAAP net income was impacted by a headwind of $1.6 billion from the revaluation of capital assets, resulting in a GAAP earnings per share of $0.14, the more meaningful non-GAAP earnings per share rose to $0.71. These financial successes were accompanied...