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Page 13 - தொடர்கிறது சதுரம் மூலதனம் மேலாண்மை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Coupang stock faces doubts as insiders seek divestments

Coupang stocks face doubts as insiders seek divestments Posted : 2021-03-17 15:26 Updated : 2021-03-18 08:55 Coupang s logo is seen on an electronic signboard in New York, March 11. Courtesy of Coupang By Park Jae-hyuk Questions are rising among domestic retail investors over the valuation of Coupang stocks after the e-commerce firm s majority shareholders and employees began to unload their shares within a week after its Wall Street debut. Korean retail investors snapped up $33.9 million worth of Coupang shares last week, on the day of the company s listing on the New York Stock Exchange. Retail investors have been advised to be cautious about possible fluctuations in the stock price.

Bill Ackman Gives Away $1 3 Billion in Coupang Stock After IPO

Bill Ackman Gives Away $1.3 Billion in Coupang Stock After IPO Bloomberg 3/15/2021 Luke McGrath and Ben Stupples (Bloomberg) Bill Ackman gave away shares worth more than $1 billion of Coupang Inc., the e-commerce giant behind the biggest U.S. initial public offering since Uber Technologies Inc. © Bloomberg Pershing Square Capital Management LP Chief Executive Officer Bill Ackman Interview Bill Ackman The billionaire founder of Pershing Square Capital Management donated 26.5 million shares to the Pershing Square Foundation, a donor-advised fund and another non-profit, he said in a tweet. The stake is worth about $1.3 billion, based on Coupang’s closing price on Friday.

Hedge Fund and Insider Trading News: Bill Ackman, Mike Novogratz, Sanjay Shah, LIOR Global Partners, Anomaly Capital, Two Sigma Investments, Intercept Pharmaceuticals Inc (ICPT), Kaiser Aluminum Corp (KALU), and More

Hedge Fund and Insider Trading News: Bill Ackman, Mike Novogratz, Sanjay Shah, LIOR Global Partners, Anomaly Capital, Two Sigma Investments, Intercept Pharmaceuticals Inc (ICPT), Kaiser Aluminum Corp. (KALU), and More Billionaire investor Bill Ackman said Monday he donated his entire stake in Coupang – worth more than $1 billion – to charity following the South Korean e-commerce company’s IPO last week. Ackman, who runs the Pershing Square Capital Management hedge fund, invested his personal money as an early backer of Coupang, CNBC first reported last Thursday on the firm’s NYSE debut. Two Sigma Investments plans to ask staff to return to the office in September and will experiment with a hybrid model that allows them to work remotely two days a week. Employees should expect the change to take effect after Labor Day, “but that’s going to depend on the science, the availability of vaccines, and schools opening, global regulations,” Two Sigma Chief Technology Officer

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