Universal Music Group NV

UMG: XAMS (NLD)
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Universal Music: Don't Read Ackman's Stock Trim Into Fundamentals

Universal Music shares fell nearly 9% on March 14 after Bill Ackman announced that his Pershing Square had decided to trim its position after the stock reached 27% of the fund's holdings. As of Universal's last annual report in 2023, Pershing owned 10% of Universal.

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