REPORT: Institutional investors are pulling out of Bill Ackman’s hedge fund at a ‘rapid pace’

Reuters/ Brian Snyder Institutional investors are pulling out of Pershing Square Capital at a “rapid pace,” according to the Wall Street Journal. Pershing Square’s total assets reportedly declined by 12% in the first quarter of 2018, falling to a total of $ 8.2 billion. Institutional investors are pulling money out of Pershing Square Capital at […]

Billionaire hedge fund manager Bill Ackman’s first tweet is a photo of him at Chipotle (CMG)

Bill Ackman’s first tweet is about Chipotle, a company his hedge fund Pershing Square has taken a big stake in. It is his first tweet since he launched the Twitter profile late in June. The photo was taken at a Chipotle restaurant on 56th Street in Manhattan. Tweet Embed:https://twitter.com/mims/statuses/887723269549428736Eating our own cooking @ChipotleTweets and making […]

Bill Ackman’s nightmare stock is getting kicked around again

What more does the market want from Valeant Pharmaceuticals? The stock fell over 5% during Friday’s trading day. The news of the day, though, was that the company had completed a $ 1.3 billion asset sale to L’Oreal, something investors were clamoring for during the company’s earnings call on Tuesday, as Valeant is holding around […]