Billionaire investor Bill Ackman's Pershing Square Capital Management buys new stake in Amazon at 'extremely attractive' price after stock drops 30% earlier this year.

Unusual Whales
2025.05.25 01:02
Renowned billionaire investor Bill Ackman's hedge fund, Pershing Square Capital Management, recently disclosed a fresh investment in Amazon.com, Inc. (NASDAQ: AMZN) after the stock plummeted over 30% earlier in the year. Pershing Square's chief investment officer, Ryan Israel, mentioned in a call with analysts that the firm purchased Amazon shares at a highly appealing price, as reported by Bloomberg. This strategic move comes as part of their investment strategy following the market fluctuations. For further details, refer to the complete article on the mentioned website.
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