Uber surges after Bill Ackman reveals $2B stake in company, credits actor Edward Norton

Billionaire hedge fund manager Bill Ackman revealed on Friday that his activist investment firm has bought up approximately $2 billion worth of shares of Uber — sending the ride-share company’s stock surging.Uber shares were trading at more than 9% higher at around 1 p.m. Eastern Time on Friday after Ackman wrote on X that his company, Pershing Square Capital Management, has a stake in the app that amounts to around 1% of its $161.13 billion market capitalization.“Beginning in early January, we began acquir ...