Kalanick sold $171 million in shares over a three-day period beginning Nov. 14, bringing his total sell-off to more than $882 million since Nov. 6.
Kalanick sold an additional $171 million in shares over a three-day period beginning Nov. 14, according to asubmitted to the SEC on Monday. The latest filing brings his total sell-off to more than $882 million since Nov. 6.
Uber's stock has plummeted to below $27 per share as of Monday's closing price since the company debuted in May at $42 per share. The company's market value is now about $45 billion, down from nearly $70 billion at the end of its first trading day. Kalanick still owns more than 65 million shares in Uber, according to the latest filing.
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