Tag: Hedge funds

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Bill Ackman’s Pershing Square Withdraws IPO Amid Decreased Demand

Bill Ackman, CEO of Pershing Square Capital Management LP, recently announced the withdrawal of plans for an initial public offering (IPO) for Pershing Square...
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Bill Ackman aims to raise $2 billion in Pershing Square fund IPO, below initial...

Hedge fund manager Bill Ackman announced at the Delivering Alpha conference in NYC that he aims to raise $2 billion in the initial public...
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Hartnett: Liquidation of Overcrowded Trades Sparks Market Movement

The recent movement in the S&P may not have been as harsh, but many traders felt a sense of deja vu reminiscent of March...
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GameStop Stock Plummets 12% After 40% Decline

GameStop shares took a hit on Monday, dropping about 12% following a significant decline of nearly 40% on Friday. This downward spiral was triggered...
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Roaring Kitty Increases GameStop Stake to 9 Million Shares

Keith Gill, also known as Roaring Kitty, has recently shown through a screenshot of his E-Trade portfolio on Reddit that he now holds over...

Breaking Financial News

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CFPB Sues JPMorgan Chase, Bank of America, Wells Fargo for Zelle...

The CFPB Sues Major Banks Over Zelle Payment FraudIn a stunning turn of events, the Consumer Financial Protection Bureau (CFPB) has taken legal action...

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