Here’s Why Clearbridge Global Value Improvers Strategy Step Away from Uber Technologies (UBER)

Core Insights - ClearBridge Investments released its second-quarter 2025 investor letter for the Clearbridge Global Value Improvers Strategy, highlighting positive returns in global equity markets driven by U.S. trade deals and expected fiscal stimulus in Europe [1] - The strategy outperformed the benchmark MSCI World Value Index due to strong contributions from industrials and IT holdings [1] Company Summary: Uber Technologies, Inc. - Uber Technologies, Inc. (NYSE:UBER) reported a one-month return of 5.03% and a 52-week gain of 32.45%, with a closing stock price of $96.61 and a market capitalization of $201.472 billion as of October 2, 2025 [2] - The Clearbridge Global Value Improvers Strategy exited its position in Uber, citing reduced upside potential due to recent price appreciation and concerns over competition in autonomous self-driving taxis [3] - Uber ranked 10th among the 30 Most Popular Stocks Among Hedge Funds, with 152 hedge fund portfolios holding its stock at the end of Q2 2025, an increase from 145 in the previous quarter [4]