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Benzinga
Benzinga
World
Melanie Schaffer

Dark Pool Activity: What's Up With Institutions Trading $34 Million In Pershing Square Stock?

Pershing Square NYSE

At 9:12 a.m. Tuesday, Money Flow Mel (@MelStone31) posted an image to Twitter indicating institutions traded large blocks of Pershing Square Tontine Holdings, Ltd (NYSE:PSTH) over a dark pool exchange.

The trades are interesting because on Monday the special purpose acquisition company announced it failed to find an acquisition target that met its criteria and would be returning $4 billion of capital in trust to shareholders.

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