Spiros Segalas Comments on Uber

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Jun 30, 2021
Summary
  • The company's ride-sharing platform has potential to expand.

The prospect that pandemic restrictions may be lifted later in 2021 buoyed a number of the Fund’s holdings across different sectors, notably Industrials holding Uber (UBER, Financial). In our view, Uber’s ride-sharing platform has the potential to continue to broaden and transform and the company is positioned to achieve better-than-expected profitability post pandemic.

From Spiros Segalas (Trades, Portfolio)' Harbor Capital Appreciation Fund semi-annual 2021 letter.

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure