1. Ackman's Pershing Square Falls in First Day of Trading

    Ackman's Pershing Square Falls in First Day of Trading

    Pershing Square Holdings Ltd., one of the funds managed by activist investor Bill Ackman, fell as much as 10.8 percent in its trading debut on Euronext Amsterdam. The shares declined to as low as $22.30 after being priced at $25 in an initial public offering, ...

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