Bill Ackman's Pershing Square Builds New Stake In Amazon At 'Extremely Attractive' Price - Amazon.com (NASDAQ:AMZN)
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7 Articles
Bill Ackman's Pershing Square Builds New Stake In Amazon At 'Extremely Attractive' Price - Amazon.com (NASDAQ:AMZN)
Billionaire investor Bill Ackman's hedge fund, Pershing Square Capital Management, established a new position in Amazon.com, Inc. (NASDAQ:AMZN) after the stock dropped more than 30% earlier this year. The Details: Pershing Square chief investment officer Ryan Israel told analysts on a call Thursday that the firm acquired Amazon shares at an "extremely attractive" price, according to a Bloomberg report. Read Next: Solar Energy Stocks Drop As Ho…
Bill Ackman’s Pershing Square bought Amazon stake at ‘extremely attractive’ price
Billionaire Bill Ackman's hedge fund Pershing Square Capital Management bought a stake in Amazon, which it called a "fantastic franchise," at an "extremely attractive" price after its shares plunged earlier this year, the firm's chief investment officer, Ryan Israel, said on Thursday.
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