Bill Ackman Buys Pershing Square USA After IPO Slide. The Bigger Test Is Still Ahead
NEW YORK, April 30, 2026, 11:01 EDT Bill Ackman moved to steady Pershing Square USA Ltd. after a bruising debut, saying he bought 500,000 shares of the closed-end fund and 800,000 shares of Pershing Square Inc. in the open market on Wednesday. Bloomberg also reported the purchases, which came after the combined $5 billion listing struggled in its first session. (Bloomberg) Pershing Square USA, trading under PSUS, was at $43.75 at 10:45 a.m. EDT on Thursday, up nearly 7% on the day but still below the $50 price investors paid in the offering. The fund opened Wednesday at $42, while