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Ackman blames retail traders for fund's weak Wall Street debut

By Reuters April 30, 2026 Bearish
Ackman blames retail traders for fund's weak Wall Street debut
Billionaire Bill Ackman on Thursday blamed retail investors for the roughly 18% drop in his newly listed ‌closed-end fund's stock price a day earlier, adding that he expects shares to rebound.
Billionaire Bill Ackman on Thursday blamed retail investors for the roughly 18% drop in his newly listed ‌closed-end fund's stock price a day earlier, adding that he expects shares to rebound.