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M&T Bank Corp Lowers Stock Holdings in Uber Technologies, Inc. $UBER

2026-04-28 10:59:29

M&T Bank Corp significantly reduced its stake in Uber Technologies (NYSE:UBER) by 90.4% in the fourth quarter, selling over 361,000 shares. Despite this, other institutional investors like Massachusetts Financial Services Co. and Robeco Institutional Asset Management B.V. increased their holdings substantially. Uber’s stock performance shows it trading below its 200-day moving average, with analysts offering a “Moderate Buy” consensus rating.

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