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Barchart
Barchart
Aditya Raghunath

Bill Ackman Loves Uber. Here Are 3 Other Stocks the Billionaire Has Been Buying Up.

Bill Ackman Uber Brookfield NIke CMG NKE Chipotle

Bill Ackman is the founder and CEO of Pershing Square Capital Management, an activist hedge fund. Among the most popular investors on Wall Street, Ackman recently disclosed a significant position in Uber Technologies (UBER). According to recent 13F filings, Pershing Capital acquired 30.3 million shares of Uber valued at $2.3 billion, driving shares of the ride-hailing company higher in recent trading sessions. 

Ackman is bullish on Uber stock and has praised the company’s transformation into a highly profitable, cash-generating business. The hedge fund manager expects Uber’s gross bookings to grow by 18% year-over-year in the first quarter of 2025. 

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