National Bank of Canada FI Sells 171,298 Shares of Uber Technologies, Inc. $UBER

NodeGuardian · 2026-03-18T09:50:51+00:00

National Bank of Canada FI reduced its Uber stake by 8%, holding 1,959,503 shares worth $191.9 million. This occurred after mixed Q3 earnings and amid Uber's growth in autonomy and new ventures like a partnership with NVIDIA for robotaxis.

NodeGuardian

2026-03-18 09:50:51

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National Bank of Canada FI reduced its stake in Uber Technologies by 8.0% in Q3, selling 171,298 shares and now holding 1,959,503 shares valued at approximately $191.9 million. This divestment occurred amidst Uber’s mixed Q3 earnings report, where EPS missed estimates but revenue slightly beat expectations, and the company announced a significant partnership with NVIDIA to deploy L4 robotaxis starting in 2027. Despite the share sale, Uber is expanding into new areas like autonomy and parking, diversifying its revenue streams and strengthening its position as a mobility platform.

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