Billionaire Bill Ackman Just Bought $2.3 Billion Worth of This Incredible Growth Stock, Which Could Make It His Hedge Fund's Biggest Bet
Bill Ackman is one of the most widely followed investment managers in the world. He's in charge of Pershing Square Capital, a hedge fund focused on investing in just a handful of Ackman's best ideas. His highly concentrated portfolio is full of great companies, but he might have just made one stock the biggest holding at Pershing Square.
Should you follow suit? Here's why billionaire Bill Ackman bought $2.3 billion worth of this stock
Billionaire investor Bill Ackman's Pershing Square Capital acquired a $2.3 billion stake in Uber by purchasing 30.3 million shares. Ackman has praised Uber's CEO for transforming the company and also claimed that the company has more scope for growth.
Billionaire Bill Ackman buys $2.3 billion of beat-down tech stock
Maybe Bill Ackman has. He said he has been "a long-term customer and admirer of Uber beginning when Edward Norton showed me the app in its early days," "I was also fortunate to be a day-one investor in the company through a small investment in a venture fund,
Hedge Fund Billionaire Ackman Reveals $2.3 Billion Stake In Uber—Stock Races To 9% Gain
Uber stock hit its highest level since October after Ackman disclosed his Pershing Square hedge fund accumulated a 1.4% stake in the ride hailer.
Bill Ackman’s Stock Portfolio: Top 9 Stocks to Buy
William Albert Ackman, more commonly known as Bill Ackman, is the founder and CEO of Pershing Square Capital Management, a hedge fund management company.
Billionaire Bill Ackman Buys a Monster Growth Stock Called a "Sleeping Giant" by a Wall Street Analyst
Billionaire Bill Ackman is the CEO of Pershing Square Capital Management, a hedge fund that returned 191% in the last five years. Last week, Ackman revealed Pershing Square began purchasing stock in Uber Technologies (NYSE: UBER) in early January.
Bill Ackman just loaded up on this top stock for his FTSE 100-listed fund
The well-known hedge fund manager has announced a massive holding in this tech stock for his FTSE 100-listed investment trust. The post Bill Ackman just loaded up on this top stock for his FTSE 100-listed fund appeared first on The Motley Fool UK.
Bill Ackman Says Pershing Square Owns 30.3 Million Uber Shares
Bill Ackman’s hedge fund Pershing Square Capital Management owns 30.3 million shares of Uber Technologies Inc., the ...
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Ackman’s Pershing Square Suffers from the ‘Passive’ Phenomenon
Instead of critiquing the passive trend, Ackman hopes to capitalize on it. “High levels of passive flows increase the importance of index inclusion,” Ackman said, adding that “Pershing Square is ...
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Billionaire hedge fund manager Bill Ackman says he will move management company out of Delaware
Bill Ackman, the billionaire CEO of Pershing Square Capital Management, says he will move his management company out of Delaware to reincorporate in Nevada. His announcement, which came ...
Bill Ackman says US aid to UN 'deserves careful scrutiny'
Bill Ackman, the head of Pershing Square Capital Management, posted on X that the government should carefully review U.S.
Uber Stock Surges as Ackman’s Pershing Square Builds $2 Billion Stake in Ride-Hailing Company
Uber Technologies stock is trading at a “massive discount,” Bill Ackman said Friday as he revealed that his hedge fund had ...
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What Happened?
jumped 9.5% in the afternoon session after famous investor Bill Ackman revealed a 30.3m stake (shares) in the company, ...