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Bill Ackman reacts as Pershing Square USA IPO shares fall below $50 debut price on Wall Street.
  • Global News

Bill Ackman’s New IPO Drops 18% on Debut as Investors React

Billionaire investor Bill Ackman faced an unexpected setback after his newly launched U.S.-listed investment vehicle, Pershing Square USA Ltd. (PSUS), opened weakly on the stock market. Shares of the closed-end fund closed at $40.90 on April 29, marking an 18%…

  • Published by ttybrandafrica
  • May 5, 2026

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Warren Buffett foundation commits $29 million to Kenya health sector in 2026
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