Google-parent Alphabet. Ackman, the head of the Pershing Square hedge fund, picked up Google stock in the first quarter of 2023, when shares had fallen to a two-year low, staying true to his image as more of a value investor than many of his peers. On Monday, Ackman's Pershing Square Capital Management announced a 10% stake sale in the activist hedge fund for $1.05 billion to an investor consortium. Read More...
Google-parent Alphabet. Ackman, the head of the Pershing Square hedge fund, picked up Google stock in the first quarter of 2023, when shares had fallen to a two-year low, staying true to his image as more of a value investor than many of his peers. On Monday, Ackman’s Pershing Square Capital Management announced a 10% stake sale in the activist hedge fund for $1.05 billion to an investor consortium.
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