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PS, PSUS stocks recover from rocky $5B debut, but close week below listing price

Bill Ackman’s personal investments support PS stock price. ・Sweetened deal of 1 bonus share also aided the stocks. ・PS and PSUS end Friday below listing price. Billionaire Bill Ackman’s recently ...

Pershing Square confirms IPO proceeds of $5B

B, as widely expected. The proceeds figure is before deducting sales loads, placement fees, and offering expenses. The shares ...
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Pershing Square's $5B NYSE debut sees shares fall below IPO price

Bill Ackman’s Pershing Square launched a record $5 billion dual IPO on the NYSE, but both listed entities opened below their offer prices. Pershing Square USA (PSUS) fell roughly 18% from its $50 ...