150
A complete reversal cost over $ 430 million. Which on the other hand, however, is equivalent to a vote of no confidence all the more bombastic because it was expressed by the investor less than three months after the bet on Netflix.
The decision of Pershing Square, hedge fund of Bill Ackman, to sell all its shares and to get rid of the position created at the end of January concludes (in the worst possible way) the toughest day of the Californian giant from 2004 to today. Over 50 left on the ground in one day …