MSFT, AMZN Surge as Pershing Square Raises Amazon Stake 19.2%
Pershing Square Capital Management increased its stake in Amazon by 19.2% to 11.5M shares and maintained a 5.7M share position in Microsoft, signaling confidence in both tech giants.
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Pershing Square Capital Management increased its stake in Amazon by 19.2% to 11.5M shares and maintained a 5.7M share position in Microsoft, signaling confidence in both tech giants.
Bill Ackman's Pershing Square hedge fund disclosed a new Microsoft position, citing highly compelling valuation. The move reflects Ackman's increased tech exposure amid MSFT's 15% YTD decline.