Pershing Square Holdings Ltd. Chief Executive William Ackman, in a letter to shareholders, said Wednesday he sold the hedge fund’s investment in Netflix Inc. Ackman said he had high regard for Netflix...
Tag: Ackman
Bill Ackman bet $1.1 billion on Netflix months ago and now he’s taking a beating. But the famed investor has doubled down before—and come out ahead
Back in late January, hedge fund manager Bill Ackman saw Netflix’s stock price plunge as a $1.1 billion buying opportunity. So Wednesday’s nosedive, with the stock falling 38% in early hours, raises t...
Bill Ackman is done with activist short-selling, will focus on quieter, long-term approach
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Investor Bill Ackman said Tuesday that he will no longer take part in vocal activist short selling campaigns, a ...
Bill Ackman Goes All Aboard On Canadian Pacific Railway
Summary The activist investor’s previous investment in the company resulted in a management overhaul. Canadian Pacific recently acquired Kansas City Southern. Billionaire investor Bill Ackman (T...
Bill Ackman says it’s time for U.S. troops to defend Ukraine and set a ‘real red line’
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Investor Bill Ackman said Monday the U.S. should consider military intervention in defense of Ukraine as Russian...
Bill Ackman questions how will NYC’s mayor spend his Bitcoin
Bitcoin adoption has been continuing to surge amid the global COVID-19 pandemic. Since then, the leading crypto asset has seen enormous gains and significant adoptions. However, with optimisms the dig...
Billionaire Bill Ackman calls for crypto clarity in New York
Billionaire investor Bill Ackman has called upon New York City mayor to look into the crypto regulatory clampdowns associated with BitLicense. A New Yorker shared his aghast on Twitter about the flawe...
Billionaire Bill Ackman Asks New York Lawmakers to Ease Up Crypto Rules or Lose Innovation
On Wednesday, February 9, billionaire investor Bill Ackman requested the New York officials for removing barriers to crypto innovation in the state. New York is currently having one of the strictest j...
Bill Ackman Takes Stake In Netflix Following Sell-Off
Summary The 3.1 million-share stake is valued at around $1.1 billion. Netflix’s stock has fallen over 40% since its November high. Guru attracted to company’s pipeline and scale. Seeking t...
Fed needs to ‘shock and awe’ the market with one big rate hike, Bill Ackman says
Billionaire hedge-fund manager Bill Ackman said the Federal Reserve needs to deliver old-fashioned “shock and awe” to financial markets by delivering a much larger onetime increase to benchmark intere...
Fed Needs Half-Point Rate Hike to Regain Credibility: Ackman
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Billionaire investor Bill Ackman says the Federal Reserve ...