00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Uber shares rose Friday after CEO Dara Khosrow-Shahi bought about $10 million of company stock.
00:09Khosrow-Shahi purchased 141,000 shares Thursday, ranging from $70.73 to $71.18 per share,
00:18according to an SEC filing. The purchase followed President and COO Andrew McDonald's
00:24September 4th purchase of 70,000 shares for about $5.3 million. Uber shares are trying to
00:31stabilize after choppy trading, but remain below several key moving averages as traders
00:35watch for a potential technical rebound. The stock has fallen 23.36% over the past 12 months
00:42and has traded between $65.41 and $101.99 over the past year. Shares were up 0.92% at
00:51$73.23
00:53during Friday pre-market trading, according to Benzinga ProData, according to Benzinga ProData.
01:00For all things money, visit Benzinga.com.
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