Billy Ackman invests $2 billion into Meta, says stock is ‘deeply undervalued’

Billy Ackman just bought $2 billion worth of Meta shares. His fund, Pershing Square, made it official this week. That one bet now makes up 10% of the entire fund. “We believe Meta’s current share price underappreciates the company’s long-term upside potential from AI and represents a deeply discounted valuation for one of the world’s […] source: https://www.cryptopolitan.com/billy-ackman-invests-2-billion-into-meta/