Daniel Loeb's Third Point slashes stake in Uber

FILE PHOTO: An Uber office is shown in Redondo Beach, California, U.S., March 16, 2022. REUTERS/Mike Blake/File Photo

(Reuters) - Daniel Loeb's hedge fund, Third Point, reduced its stake in ride-share platform Uber by about 76% to 1 million shares, a filing with the U.S. SEC showed on Wednesday.

(Reporting by Akash Sriram in Bengaluru; Editing by Shinjini Ganguli)