Bill Ackman's flagship fund at Pershing Square fell 0.1% in February, not bad considering the...
Bill Ackman's flagship fund at Pershing Square fell 0.1% in February, not bad considering the hits from two of his marquee holdings. The last day of the month was particularly painful, with J.C. Penney plummeting 17% while Herbalife jumped 7.6%. For the year, the fund is up 3.6% vs. the S&P's 7.4% gain.
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