Sunday , December 22 2024
Home / Tag Archives: 10100

Tag Archives: 10100

Ex-Uber CEO Sold Close to $1.5 Billion of Shares Shortly after Lockup Expiration

Co-founder and former Uber Chief Executive Officer Travis Kalanick, has been in the news recently as he has been offloading his shares in the ride-hailing company, at an alarming rate. Earlier this week, Kalanick disposed approximately $578 million of his Uber shares over a few days notably after a binding lockup period expired on Wednesday, Nov. 6. It would seem like Kalanick might be well on his way to dispose of a lot more of his holdings.According to a Bloomberg report, the ex-CEO’s total...

Read More »