SoftBank Sells Entire Stake in Uber Despite Strong Performance

SoftBank has sold its entire stake in Uber Technologies according to a recent filing. However, Uber is experiencing strong growth with increased trips and revenue. The company's stock remains below its 52-week high but shows resilience.

By Yiannis Zourmpanos Thu, May 21, 2026 at 10:52 PM GMT+3 3 min read · Yahoo Finance · May 21, 2026, 19:52 UTC

SoftBank Sells Entire Stake in Uber Despite Strong Performance

Tickers: $UBER

Topics: corporate_finance investor_relations stock_sales

Read the full article at Yahoo Finance

More World news

Nvidia Shares Plunge Following Resignation of CEO Jensen Huang Motley Fool · November 12, 2026, 15:35 UTC
Jensen Huang Resigns as Nvidia CEO; Colette Kress Appointed Interim CEO TechCrunch · November 12, 2026, 15:37 UTC
Merck KGaA Raises 2026 Outlook Amid Pending Bio-Techne Acquisition Seeking Alpha · November 12, 2026, 15:31 UTC
Chinese AI Firms Seek Alternative Access to Nvidia Chips Amid Potential US Export Restrictions Seeking Alpha · November 12, 2026, 15:32 UTC
Purcell & Lefkowitz LLP Launches Shareholder Investigation into Dick's Sporting Goods PR Newswire · November 12, 2026, 15:34 UTC
Pomerantz Law Firm Investigates Fervo Energy Following Allegations of Securities Fraud PR Newswire · November 12, 2026, 15:35 UTC
Pomerantz Law Firm Investigates Boston Scientific Following Q3 Earnings Miss and Guidance Downgrade PR Newswire · November 12, 2026, 15:35 UTC
Jensen Huang Concludes 33-Year Tenure as CEO of Nvidia Seeking Alpha · November 12, 2026, 15:29 UTC
Metalla Royalty & Streaming Reports Q3 Revenue Growth and Increased Adjusted EBITDA Seeking Alpha · November 12, 2026, 15:26 UTC
Fed Governor Michael Barr Warns AI Market Concentration Could Drive Income Inequality Seeking Alpha · November 12, 2026, 15:27 UTC