Billionaires Are Deciding to Sell Shares of This Well-Known Stock
(NYSE: UBER) achieved impressive financial results for the past few quarters, but several billionaire investors have been unloading shares of the ride-hailing service. That group of high-profile sellers includes Larry Robbins, Lee Ainslie, Roberto Mignone, Steven Tananbaum, Daniel Loeb, and George Soros.
High-profile stocks often have billionaires buying and selling in large quantities over any given quarter, but recent transitions could point to major concerns about Uber's industry moving forward.
Uber's most recent quarterly report was a mixed bag. The company exceeded analysts' forecasts, with 15% revenue growth over the prior year.
Source Fool.com
Uber Technologies Inc Stock
€65.75
-0.590%
The stock is an absolute favorite of our community with 83 Buy predictions and no Sell predictions.
With a target price of 80 € there is a positive potential of 21.67% for Uber Technologies Inc compared to the current price of 65.75 €.
