Last week, the stock of Uber Technologies went on a wild ride, falling hard after Uber reported earnings on Feb. 5, only to rocket higher toward the end of the week. On earnings, while revenue and earnings per share actually beat expectations,

Uber stock hit its highest level since October after Ackman disclosed his Pershing Square hedge fund accumulated a 1.4% stake in the ride hailer.

Maybe Bill Ackman has. He said he has been "a long-term customer and admirer of Uber beginning when Edward Norton showed me the app in its early days," "I was also fortunate to be a day-one investor in the company through a small investment in a venture fund,

Billionaire Bill Ackman, the CEO of Pershing Square Capital Management, is known for investing in cash-flowing consumer stocks and making contrarian bets.

The Pershing Square CEO said he's admired the ridesharing giant since actor Edward Norton introduced him to the app in its early days.

Uber’s stock extends its surge as hedge funder Ackman says he’s amassed a 30.3-million-share stake since early January.

I rated Uber (NYSE: UBER) as my top stock to buy in 2025, so I am not surprised to see the market realize the hidden value in Uber stock. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.

Billionaire investor Bill Ackman's Pershing Square Capital acquired a $2.3 billion stake in Uber by purchasing 30.3 million shares. Ackman has praised Uber's CEO for transforming the company and also claimed that the company has more scope for growth.

Ride-hailing group is ‘one of the best managed and highest quality businesses in the world’, activist investor says.

Bill Ackman is one of the most widely followed investment managers in the world. He's in charge of Pershing Square Capital, a hedge fund focused on investing in just a handful of Ackman's best ideas. His highly concentrated portfolio is full of great companies, but he might have just made one stock the biggest holding at Pershing Square.