as-musk-sells,-uber-ceo-buys-$9-million-in-shares

As Musk Sells, Uber CEO Buys $9 Million in Shares

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.

https://www.barrons.com/articles/tesla-elon-musk-uber-dara-khosrowshahi-51637367227


  • Order Reprints

  • Print Article

Tesla CEO Elon Musk’s stock sales have investors buzzing about corporate insider stock transactions. But not every transportation CEO is selling.

Uber Technologies (ticker: UBER) CEO Dara Khosrowshahi made a $9 million purchase of his company’s shares on Monday. Though the reopening has seen a recovery for Uber’s ride-sharing business, the stock has struggled, down some 14% in 2021 and trading below its 2019 initial-public-offering price of $45.

Earlier…