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  1. Governor Newsom supports driver empowerment and affordability through new legislation aimed at lowering auto insurance costs in California.

Bill Ackman revealed a significant stake in Uber, while Newsom's agreement permits Uber drivers to unionize.

2 reports, 1 independent Updated Aug 30
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What happened

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Bill Ackman revealed a significant stake in Uber, while Newsom's agreement permits Uber drivers to unionize.

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  1. Bill Ackman stated that he views Uber Technologies stock as being undervalued.Sub-event
  2. Newsom's agreement allowing Uber driver unionization.1 source

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  • StockStoryUber (UBER) Stock Trades Down, Here Is Why Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER) fell 3.2% in the afternoon session after the company, along with rival Lyft, signed
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