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Bill Ackman's Pershing Square Sinks 4.7% In July, Dashing 2024 Gains - Universal Music Group (OTC:UMGNF)

Summary by Benzinga
Bill Ackman's Pershing Square lost 4.7% in July, erasing most 2024 gains, amid weak demand forcing the withdrawal of its IPO.

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Bill Ackman’s Pershing Square sees 2024 gains nearly wiped out after July loss

Pershing Square Holdings was up 8.7% as of mid-July for the year, but lost 4.7% in the month, ending with a year-to-date gain of 0.7%.

·New York, United States
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BenzingaBenzinga
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Bill Ackman's Pershing Square Sinks 4.7% In July, Dashing 2024 Gains - Universal Music Group (OTC:UMGNF)

Bill Ackman's Pershing Square lost 4.7% in July, erasing most 2024 gains, amid weak demand forcing the withdrawal of its IPO.

·New York, United States
Read Full Article
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Benzinga broke the news in New York, United States on Saturday, August 3, 2024.
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