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Stock impact report

Billionaire Bill Ackman Is Buying a Brilliant Robotaxi Stock Up 145% in 2 Years (Hint: Not Tesla) [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Comparatively, the S&P 500 (SNPINDEX: ^GSPC) advanced 101% during the same period. Those market-beating results make Ackman a good source of inspiration for individual investors. Since January, Ackman has bought more than 30 million shares in a robotaxi stock that has soared 145% in the past two years. I'm not referring to Tesla , though the company also plans to launch an autonomous ride-sharing service in Austin this year. Instead, the stock Pershing Square has been buying is Uber Technologies (NYSE: UBER) Here's what investors should know. Uber operates the largest ride-sharing service and second-largest restaurant food delivery service in the U.S. as measured by revenue, according to Bloomberg. The company is also the ride-share leader in nine other countries and the food-delivery leader in seven countries. That scale affords Uber an important competitive advantage . It makes the network effect inherent to its business particularly powerful, such that monthly active users Show less Read more
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