Bill Ackman’s Pershing Square bought Amazon stake at ‘extremely attractive’ price
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Bill Ackman’s Pershing Square bought Amazon stake at ‘extremely attractive’ price

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Billionaire Bill Ackman’s hedge fund Pershing Square Capital Management bought a stake in Amazon after shares plunged earlier this year, the firm said Thursday. Amazon had peaked in February at $242.06, but the stock has plummeted more than 30% over the past few…

Bill Ackman says Adani Group allegations ‘highly credible,’ compares to Herbalife
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Bill Ackman says Adani Group allegations ‘highly credible,’ compares to Herbalife

Hedge-fund billionaire Bill Ackman endorsed Hindenburg Research’s allegations of fraud at Adani Group as “highly credible” on Thursday – and even likened the India-based conglomerate to Herbalife, the supplements seller that he tried and failed to topple after calling it a “pyramid scheme.” “Adani’s response to @HindenburgRes is the same…