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Activist investor Bill Akman received a share of more than $ 2.3 billion in Uber Share, where he obtained shares that he said was at a price of “a huge discount.”
Akman announced the new session after the publication of Uber Weaken The profits in the fourth quarter this week, but they preached that what she claimed was more than a “chance of 1 trillion) that independent vehicles could revolutionize their work instead of disrupting them.
On Friday, the company's share increased by more than 9 percent, with a market value of $ 160 billion.
“We think Uber is one of the best managed companies and the highest quality in the world,” wrote Akman, who runs the hedge fund Pershing Square Mansong on Friday.
Miscellaneous, it is still possible to buy it with a huge discount on its fundamental value. This favorable mix of features is very rare, especially for a large company of settings. “
Perchang Square and Uber did not immediately respond to the comment requests.
While Ackman said at The Post on X that Uber “suffered from the wrong management” over the years, CEO Dara Khusushhahi praised the group finally profitable.
Khusrushi replaced the founder of Uber, the participant, Travis Calnnik, in 2017 after it became an engine in a series of scandals, including allegations that he had led an organization Alien To sexual harassment in the workplace.
Akman said that his hedge fund began to buy Uber's shares in early January and that the group now owned more than 30 million shares. He investigated the first in the company about its establishment in 2009, with a small share of an investment capital fund.
Uber reported the first annual operating profit last February, a turning point for Silicon Valley.
She had a difficult period about her first year offer in 2019, which failed to meet 120 billion dollars. When it was an existing, the first appearance of Ubar was the worst loss of the dollar on the first day of an American company for the public.
Last February, Josesarhahi said the results are “a turning point for a opery, which proves that we can continue to generate strong, profitable growth.”
The company reported an annual profitment again last year, and aims to integrate independent vehicles into its fleet. A deal with Waymo Alphabet was signed last year, and this week it opened a waiting list for its self -driving cars in Austin, Texas.
