Ackman Alphabet Position Exit
Ackman's exit from Alphabet suggests a lack of confidence in its future performance.
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
"Loeb's Third Point reported it bought 175,000 shares in Google parent Alphabet in the first quarter, while Ackman sold down most of his position in the company, according to a regulatory filing."
"Loeb's Third Point reported it bought 175,000 shares in Google parent Alphabet in the first quarter, while Ackman sold down most of his position in the company, according to a regulatory filing."
"Ackman sold down most of his position in the company, according to a regulatory filing. A source said Ackman exited the rest of his Alphabet holding in the second quarter."