10 Stocks Hedge Funds Are Selling in 2025

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5. Uber Technologies, Inc. (NYSE:UBER)

No. of Hedge Funds That Exited the Stock in Q1 2025: 21

Uber Technologies, Inc. (NYSE:UBER) is one of the top stocks sold by hedge funds. On July 29, WeRide Inc. (NASDAQ:WRD) and Uber announced the strategic expansion of their autonomous taxi service to include Al Reem and Al Maryah Islands in Abu Dhabi, in partnership with the Integrated Transport Centre.

The expansion strategically covers nearly half of Abu Dhabi’s primary urban zones, including Al Reem, Al Maryah, Yas, and Saadiyat Islands, as well as major highway routes to Zayed International Airport. The companies estimate that this extension will drive a twofold increase in ride volumes, substantially boosting the utilization of their autonomous taxi service.

Since its launch in Abu Dhabi in December 2024, the robotaxi fleet has undergone a threefold expansion. WeRide and Uber intend to further scale their fleet to add hundreds of autonomous vehicles and plan to provide their services to Khalifa City, Masdar City, and additional central urban areas later in 2025.

Passengers in the new zones can access WeRide robotaxis via the Uber and TXAI mobile apps. The companies maintain the largest robotaxi service in the Middle East.

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