Billionaire Bill Ackman Slammed
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Pershing Square Capital Management's billionaire chief has sold most of his fund's stake in Chipotle over seven years, and is now piling into his new favorite stock.
TheStreet. Stocks have had an impressive rally since April 9, when President Donald Trump paused most of the reciprocal tariffs he had announced only days earlier on April 2, so-called Liberation Day.
Billionaire investor Bill Ackman made a name for himself in the 21st century through activist short-selling. Pershing has never owned Tesla (NASDAQ: TSLA), the electric car and robotaxi company run by CEO Elon Musk.