On September 11, Uber rose 3.04% in regular trading, trading at $73.215/share, with turnover of $1.282 billion. The rally was driven by a combination of significant insider buying and a breakthrough in autonomous driving operations.

According to SEC filings, CEO Dara Khosrowshahi purchased 141,000 shares on the open market on September 10 at an average price of $70.9642 per share, totaling approximately $10 million. Following the transaction, he holds roughly 1.367 million shares. This marks the second consecutive insider purchase after COO Andrew Macdonald acquired 70,000 shares worth about $5.3 million on September 9, reinforcing a strong management confidence signal amid the company's ongoing restructuring that includes 3,300 job cuts announced in early September.

Simultaneously, Uber, along with WeRide and AVOMO, received Spain's first nationwide Level 4 autonomous passenger vehicle public road operating permit, with commercial operations expected to launch by year-end, further strengthening Uber's global autonomous mobility footprint.

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