Bill Ackman's Pershing Square Makes a Bold Move with $1.1 Billion Uber Stake

Bill Ackman's Pershing Square Makes a Bold Move with $1.1 Billion Uber Stake
5 months ago

In a strategic financial maneuver that has caught the attention of Wall Street, renowned investor Bill Ackman disclosed that his hedge fund, Pershing Square Capital Management, now holds a significant stake in Uber Technologies, Inc. According to Ackman, the firm possesses approximately 30.3 million shares of the ride-hailing giant, amounting to an impressive valuation of about $1.1 billion based on current market prices.

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Bill Ackman’s Foundation Faces Major Losses: X Stake Plummets Over 50%

Bill Ackman’s Foundation Faces Major Losses: X Stake Plummets Over 50%
7 months ago

In a significant financial blow, Bill Ackman’s charitable foundation has reported a staggering loss of more than half its investment in the social media platform X, formerly known as Twitter. The foundation, which is a major player in philanthropy and investments, has experienced this downturn amidst a tumultuous year in the tech industry.

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