🟢 Uber is trading 5% up today after Pershing Square disclosed a sizable Uber position

Uber is trading at $78.53, up 5.01%, after fresh attention on Pershing Square’s sizable Uber position and increased ownership.

• Pershing Square filings identify Uber as a top holding, with 34.3 million shares valued at approximately $2.47 billion; the disclosure likely encouraged buying.
• Broad market strength supported risk appetite, while technology-sector weakness and uncertainty ahead of the Federal Reserve minutes may limit gains.