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SageView Advisory Group cut Uber holdings by 43.6%, yet Uber's stock rose 34% and beat earnings estimates.
SageView Advisory Group LLC reduced its Uber Technologies holdings by 43.6% in the fourth quarter, selling 5,281 shares and leaving it with 6,838 shares worth $412,000.
Despite this, Uber's stock rose 34% in the same period, and the company beat earnings estimates.
Uber, valued at $154.94 billion, operates in Mobility, Delivery, and Freight segments and has an average price target of $89.81.
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SageView Advisory Group redujo las tenencias de Uber en un 43,6%, sin embargo, las acciones de Uber subieron un 34% y superaron las estimaciones de ganancias.