Bill Ackman’s Pershing Square IPO Is Back Above Water After Rocky NYSE Debut
Pershing Square Inc. clawed back above its IPO price for early buyers, after stumbling alongside the Pershing Square USA fund’s rocky start. By Friday, Pershing Square Inc. changed hands at $37.99, with Pershing Square USA quoted at $42.80. That pegs the combined IPO package at roughly $50.40 per $50 fund share purchased.