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News Wire / economy

Bill Ackman's Fund Takes Stake in Microsoft

developing KNX Los Angeles New York 1h Impact 7
Noted investor Bill Ackman announced that his hedge fund, Pershing Square, has acquired a new stake in Microsoft. The company's shares saw an increase of nearly 4% following the announcement.

Topics

investment hedge funds stock market

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Sources · 7 independent

KNX Los Angeles

“Shares of Microsoft, though, up almost 4% right now. That's after noted investor Bill Ackman said that his hedge fund, Pershing Square, just took a new stake”

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