Bill Ackman’s Pershing Square slides 8.2% in February
February 10, 2016 at 18:09 PM EST
Bill Ackman’s hedge fund Pershing Square Holdings Ltd. fell 8.2% so far in February, bringing its year-to-date return to negative 18.6%. The fund’s dismal performance is mostly due to its stake in Valeant Pharmaceuticals International.