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Why Uber Stock Was Gaining Again Today


Shares of Uber Technologies (NYSE: UBER) were moving higher for the second day in a row, seemingly in response to billionaire Bill Ackman's announcement that he has invested more than $2 billion into Uber stock. Additionally, investors seemed to shrug off some news about a rival or even saw it as a positive sign.

As of 2:40 p.m. EST, the stock was up 5.4%.

Image source: Getty Images.

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Source Fool.com

Uber Technologies Inc Stock

€61.03
-0.080%
There is nearly no change for the Uber Technologies Inc stock today. Compared to yesterday it only changed by -€0.050.
With 76 Buy predictions and 3 Sell predictions Uber Technologies Inc is one of the favorites of our community.
As a result the target price of 92 € shows a very positive potential of 50.75% compared to the current price of 61.03 € for Uber Technologies Inc.
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