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Bill Ackmanâs âInfluencer Hedge Fundâ IPO Tanks 18% on Day 1
Bill Ackman finally got his hedge fund public, and the market answered with a shrug. Pershing Square (NYSE:JCVC) priced its IPO at $50 and closed its first session at $41, an 18% drop on day one. The hosts of The Best One Yet labeled it the âfirst ever influencer hedge fund IPO,â a fitting frame ... Bill Ackmanâs âInfluencer Hedge Fundâ IPO Tanks 18% on Day 1
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