Uber Founder Travis Kalanick Sold $350 Million of His Stock Holding This Month; the Count is now Over $2.1 Billion
https://wccftech.com/uber-founder-travis-kalanick-sold-350-million-of-his-stock-holding-this-month-the-count-is-now-over-2-1-billion/
Ever since the expiration of Uber’s (NYSE:UBER) post-IPO lockup period on 6th of November, the company’s founder Travis Kalanick has been on a tear.
As per the filing with the SEC, Mr. Kalanick unloaded a proportion of his Uber’s stake worth $350 million this month. These shares were sold in multiple transactions at prices ranging from $27.87 to $28.54. As a refresher, since the expiration of Uber’s lockup period, Mr. Kalanick has cumulatively sold Uber’s shares worth $2.1 billion.
