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Bill Ackman hitches ride on meme-stock bandwagonBill Ackman, chief executive officer and portfolio manager at Pershing Square Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 18, 2017.
If there’s no such thing as bad publicity, Bill Ackman is in a sweet spot. The billionaire hedge fund manager has parlayed his newfound social media clout into a rich valuation for the Pershing Square Capital Management firm he started. The situation gives off a meme-stock vibe.
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