From Nasdaq: 2025-05-14 17:29:00

Aurora Innovation (NASDAQ: AUR) saw its shares drop 6.3% after Uber announced a $1 billion exchangeable note offering that could dilute Aurora’s stock value. Uber, Aurora’s largest shareholder, aims to raise cash without selling its stake in the company. Despite investor concerns, Aurora recently launched commercial operations in autonomous trucking and holds nearly $1.2 billion in cash. The Motley Fool recommends considering other stocks for investment opportunities, as Aurora Innovation wasn’t included in their top 10 picks, which historically yielded significant returns.



Read more at Nasdaq: Why Uber-Backed Aurora Innovation Stock Sank Today