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Activist Investor Bill Ackman took the share of more than $ 2.3 billion in a company with Uber driving and founded shares that he said were prices for “massive discount”.
Ackman announced a new stake after Uber published weaker than expected The fourth quarter earnings this week, but announced what claimed that there was more than a “opportunity to plus 1tn-plus” that could revolutionate autonomous vehicles rather than disrupting their business.
On Friday, the company's shares closed 6.6 % higher, giving the group capitalization of nearly $ 160 billion.
“We believe Uber is one of the best -managed and finest businesses in the world,” he wrote on Friday on X.
“It is remarkable that it can still be purchased for a massive discount on its inner value. This favorable combination of attributes is very rare, especially for a large cap society. ”
The Pershing Square and Uber did not answer the comment immediately.
While Ackman said in the X post that Uber “suffered from irregular proceedings” over the years, the CEO of Khosrowshahi appreciated the CEO of Khosrowshahi for finally making profitable.
Khosrowshahi replaced the co -founder of Uber Travis Kalanick in 2017 after he became included in a number of scandals, including accusations that he led an organization that led an organization that closed his eyes Sexual harassment in the workplace.
Ackman said his hedge fund began to buy Uber shares in early January and that the group has now owned more than 30 million shares. He made the first investment in the company around its foundation in 2009 with a small share facilitated through the risk capital fund.
Uber reported his first annual operating profit last February, a turning point for Silicon Valley Company.
In 2019, it had a difficult period around its initial public offer, which did not meet the expectations of $ 120 billion. When the list did, Uber's debut was the worst loss of the dollar for the public society for the public.
Last February, Khosrowshahi said that the results are “inflexive point for Uber, as evidenced that we can continue to create strong profit growth in the scale”.
The company re -reported annual profitability last yearAnd its goal is to integrate autonomous vehicles into their fleet. Last year, she signed an agreement with his subsidiary Alphabet Waymo and this week opened a waiting list for her own drive in Austin in Texas.
