The coronavirus has made Bill Ackman bearish for the first time since the financial crisis of 2008.
Ackman’s Pershing Square put on a big hedge in recent days that that paid off when the market tanked in February, according to the firm.
“During
Bill Ackman
(Michael Nagle/Bloomberg)
The coronavirus has made Bill Ackman bearish for the first time since the financial crisis of 2008.
Ackman’s Pershing Square put on a big hedge in recent days that that paid off when the market tanked in February, according to the firm.
“During
To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.
