Uber's CEO and COO have collectively invested approximately $15 million in company stock. This significant purchase occurred shortly after the company announced substantial layoffs. The executives' actions signal strong confidence in Uber's future strategy. These buys represent the largest insider stock acquisition in the past year. The investment comes as Uber focuses on streamlining operations and expanding its robo-taxi division.
San Francisco, California
https://finance.biggo.com/news/b82520a7-f1ee-4e7a-ad99-1ded12d75a3f