Aurora Innovation Shares Tick Up; Uber Stake Overhang, Driverless Truck Launch Eyed
Uber’s June 2 sale of 67.5 million Aurora Innovation shares at $7.10 each leaves a 15.6% stake and weighs on AUR’s price, as investors await proof of progress on second-generation hardware and a 200+ driverless truck rollout this year; Aurora traded at $6.04, up 1.09%, with Q1 revenue at $1 million and a $223 million net loss.