Uber Technologies (UBER): Why The Stock Price Increased Today

By Amit Chowdhry ● Nov 16, 2021
  • The stock price of Uber Technologies (NYSE: UBER) increased by over 5% during intraday trading today. This is why it happened.

The stock price of Uber Technologies (NYSE: UBER) increased by over 5% during intraday trading today. Investors appear to be responding positively to what was revealed in an SEC filing.

The filing shows that Uber CEO Dara Khosrowshahi acquired 200,000 shares of the company at an average price of $44.9227. With this purchase, Khosrowshahi now has 1,178,200 shares.

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