Pershing Square Tontine Holdings, Ltd. (PSTH)

July 26, 2022 - PSTH was delisted (reason: shares liquidated)
20.14
+0.01 (0.05%)
Jul 25, 2022 12:00 AM EDT - Market closed
0.05%
Market Cap 4.03B
Revenue (ttm) 1,270
Net Income (ttm) 477.80M
Shares Out 200.00M
EPS (ttm) 2.31
PE Ratio 8.72
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 18,155,880
Open 20.12
Previous Close 20.13
Day's Range 20.10 - 20.17
52-Week Range 19.54 - 20.42
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About PSTH

Pershing Square Tontine Holdings, Ltd. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Pershing Square Tontine Holdings, Ltd. was incorporated in 2020 and is based in New York, New York. [Read more...]

Industry Diversified Financial Services
IPO Date Jul 22, 2020
Employees 4
Stock Exchange NYSE
Ticker Symbol PSTH
Full Company Profile

Financial Performance

Financial Statements

News

Bill Ackman Is Dissolving His $4 Billion SPAC -- Will Others Follow?

Pershing Square Tontine Holdings will distribute billions of dollars to shareholders.

Bill Ackman will repay investors $4 billion after his SPAC fails

Billionaire activist investor Bill Ackman will close his special purpose acquisition company and return $4 billion to investors after failing to find an adequate target company to take public.

Bill Ackman to close largest SPAC ever, return billions to investors

Billionaire hedge fund manager Bill Ackman is shutting down his Pershing Square Tontine Holdings SPAC after failing to find a suitable target company.

Bill Ackman to shut down giant SPAC, return $4B to investors

Billionaire investor William Ackman, who had raised $4 billion in the biggest-ever special purpose acquisition company (SPAC), told investors he would be returning the sum after failing to find a suitab...

For PSTH Stock Fans, Bill Ackman's Next Step Could Take 10 Years

PSTH stock is back in focus after Pershing Square's Bill Ackman announced that the SPAC would return $4 billion of capital back to investors. The post For PSTH Stock Fans, Bill Ackman's Next Step Could ...

Dear PSTH Stock Fans, Mark Your Calendars for July 26

Ackman stated that the owners of PSTH stock and related warrants will receive warrants in a new investment vehicle that he is launching. The post Dear PSTH Stock Fans, Mark Your Calendars for July 26 ap...

Bill Ackman says he'll return $4 billion to PSTH investors after failing to close a SPAC deal — and trumpets his next...

The Pershing Square chief blamed the market's rapid rebound after the pandemic crash, investors souring on SPACs, and legal and regulatory challenges.

Bill Ackman's Pershing Square to return $4 billion to investors

Billionaire investor William Ackman, who had raised the biggest-ever special purpose acquisition company, said on Monday he would be returning roughly $4 billion to investors after failing to find a sui...

Pershing Square Tontine Holdings, Ltd. Releases Letter to Shareholders

NEW YORK--(BUSINESS WIRE)--Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH) CEO Bill Ackman today issued the following letter: Dear Pershing Square Tontine Holdings, Ltd. Shareholder, On July 22, 2020...

Pershing Square Tontine Holdings, Ltd. Will Redeem Its Public Shares and Will Not Consummate an Initial Business Comb...

NEW YORK--(BUSINESS WIRE)--Pershing Square Tontine Holdings, Ltd. (the “Company”) (NYSE: PSTH, PSTH.WS), a special purpose acquisition company, today announced that it will redeem all of its outstanding...

Bill Ackman's SPAC has just 6 weeks to find a target — or he'll have to return $4 billion to investors

"Bill and Pershing face an uphill battle — selling SPACs to investors is now virtually impossible," Edge Consulting Group's Jim Osman told Insider.

Pershing Square SPARC Holdings, Ltd. Notes the Withdrawal of a New York Stock Exchange Proposed Rule Change

NEW YORK--(BUSINESS WIRE)--Pershing Square SPARC Holdings, Ltd. (“SPARC”), an affiliate of Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH), notes the withdrawal of the New York Stock Exchange's propo...

Behind the Wall: Fund Manager Says EV Stocks Will Ride ‘Rising Tide'

With EV stocks at "nosebleed" valuations, Snow Bull Capital CEO Taylor Ogan discusses his view of the market and how to play it. The post Behind the Wall: Fund Manager Says EV Stocks Will Ride ‘Rising T...

PSTH Stock Is in Focus as Bill Ackman Debuts ‘SPARC' Plans. 11 Things to Know.

Ackman recently submitted an S-1 to the SEC to gain approval for a new SPARC. What exactly does that mean for PSTH stock?

Ackman's New SPARs Security Makes PSTH Risky Above $20

Ackman's new SPARs would be nebulous even if approved. And PSTH stock can't be accurately valued if the new SPARs have no definite price.

Pershing Square SPARC Holdings, Ltd. Files Registration Statement

NEW YORK--(BUSINESS WIRE)--Pershing Square SPARC Holdings, Ltd. (“SPARC”), an affiliate of Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH), today announced that it has filed a registration statement ...

PSTH Stock Alert: The Merger News Sending Pershing Square Climbing

After a period of upheaval and SPAC merger disappointment, Bill Ackman may be onto something. That has PSTH stock on the move.

7 SPACs to Watch After Donald Trump Made Mergers ‘Great Again'

Thanks to Donald Trump's new deal, mergers are hot again. Here are our picks for seven of the best SPACs to watch as the new boom takes off.

Other symbols: BENEDWACIPOFDUNESLAM

Bill Ackman's New SPARC Deal Screams “Buy Pershing Square”

As usual, everything with Bill Ackman's Pershing Square SPAC is complicated. His new SPARC deal screams, "Buy PSTH stock and its warrants.

It Is Absolutely Pointless to Invest in Pershing Square Tontine Stock at This Point

Once a promising SPAC backed by celebrity hedge fund manager Bill Ackman, PSTH stock has lost almost all of its appeal. The post It Is Absolutely Pointless to Invest in Pershing Square Tontine Stock at ...

Ackman's Pershing Square fund surges as Universal soars in stock debut

Hedge fund manager William Ackman's 10% bet on Universal Music Group helped nearly double returns at his own portfolio to 15.3% this week after shares in the world's biggest music label surged in their ...

Universal Music valued at $39 billion ahead of stock market debut

Universal Music Group, the world's biggest label whose lineup features The Beatles and Taylor Swift, was valued at more than $39 billion on Monday, a day before its huge stock market debut.

It's the Final Chapter for Pershing Square Tontine

Pershing Square Tontine failed to make a big merger. With it seemingly wrapping up unsuccessfully, there's little reason to hold PSTH stock.

Ackman SPAC advisor on burnout

Cadwalader, Wickersham & Taft LLP's Stephen Fraidin, who advised Bill Ackman on his SPAC, joins Fast Money Special Edition to discuss SPAC burnout and the lawsuits being brought.

1 Stock I'm About to Sell

I've been a believer in this one since it was formed, but it's time to move on.