Finance

Bill Ackman’s Pershing Square USA flops on its first day of trading

The closed-end fund sank more than 18% from its $50 offering price. Shares of the hedge-fund firm itself struggled, too.

M
MarketWatch
April 29, 2026·1 min read
Bill Ackman’s Pershing Square USA flops on its first day of trading

Image: MarketWatch

The closed-end fund sank more than 18% from its $50 offering price. Shares of the hedge-fund firm itself struggled, too.

Original article

Bill Ackman’s Pershing Square USA flops on its first day of trading

Published by MarketWatch

Read full article