Ackman Calls Meta 'One Of The World's Greatest Businesses,' Adds Stock Alongside Amazon, Alphabet - Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:ME
Ackman Bets On Meta PlatformsPershing's investment presentation Wednesday unveiled a new stake in Meta, just days ahead of the next 13F filing deadline for fourth quarter portfolio updates from fund managers.The position size is unknown, but the presentation revealed that Meta made up around 10% of the portfolio. Ackman highlighted several reasons for the latest investment."We believe Meta's current share price underappreciates the company's long-term upside potential from AI and represents a deeply discoun ...