Legg Mason ClearBridge's Vitrano: Why Uber has turned a corner
Ride-sharing app fortunes turn for the better
Margaret Vitrano of ClearBridge
"The Uber that went public was a new Uber," according to co-manager of the £1.2bn Legg Mason ClearBridge US Large Cap Growth fund Margaret Vitrano, who bought shares in the company when it first floated onto the New York Stock Exchange last year.
When the ride-hailing app's company went public in May 2019, there was a "disconnect between perception and reality" due to "a period of missteps and bad publicity in multiple markets", which made it a...
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