Uber Draws Weekend Scrutiny With Shares Stalling After Rally
Uber closed Friday at $75.09, up 0.54% for the day but down 0.5% from a week earlier, after losing ground post-earnings. Pershing Square reported holding nearly 30 million shares, worth about $2.15 billion, as of March 31. Investors are weighing strong bookings and rising trips against fuel costs, inflation, and autonomous vehicle spending.