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Bill Ackman's Pershing Square Builds New Stake In Amazon At 'Extremely Attractive' Price - Amazon.com (NASDAQ:AMZN)

Summary by Benzinga
Billionaire investor Bill Ackman's hedge fund, Pershing Square Capital Management, established a new position in Amazon.com, Inc. (NASDAQ:AMZN) after the stock dropped more than 30% earlier this year.  The Details: Pershing Square chief investment officer Ryan Israel told analysts on a call Thursday that the firm acquired Amazon shares at an "extremely attractive" price, according to a Bloomberg report.  Read Next: Solar Energy Stocks Drop As Ho…

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The Globe & Mail broke the news in Canada on Thursday, May 22, 2025.
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