Pershing Square Tontine Holdings, Ltd. (PSTH)
| 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...]
Financial Performance
Financial StatementsNews
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.
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.