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Benzinga
Benzinga
Business
Chris Katje

Bill Ackman's Amazon Bet Is Bleeding—Down $25 Million Since Q2

bill ackman

Pershing Square Capital Management CEO Bill Ackman increased his bets on two Magnificent 7 stocks in the second quarter, taking a new stake in one and raising his holdings in another.

While one position has yielded nice gains since the end of the second quarter, the other has struggled.

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