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Benzinga
Benzinga
Business
Chris Katje

Bill Ackman Missed Out On $25 Million Selling Alphabet Shares Early In Q3

Bill Ackman

Legendary investor Bill Ackman disclosed no new stock purchases in the third quarter, instead showing a decreased position in shares of Magnificent Seven stock Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL). With Alphabet hitting new all-time highs since the end of the third quarter, Ackman missed out on millions in potential profits.

Ackman Cuts Alphabet Stake

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