Bill Ackman's Pershing Square Takes Microsoft Stake, Calls It a Bargain
Bill Ackman's Pershing Square Capital Management has acquired a stake in Microsoft, building the position starting in February after the stock declined. Ackman described the software giant's valuation as "highly compelling." The move signals a bet on Microsoft's long-term growth amid a market dip.
Key facts
- Pershing Square is taking a stake in Microsoft.
- Ackman began building the position in February.
- Microsoft stock had fallen prior to the investment.
- Ackman called Microsoft's valuation 'highly compelling'.
Entities
Institutions
- Pershing Square Capital Management
- Microsoft
Sources
- Quartz —