Pershing Square (OTCMKTS:PSHZF) Shares Gap Up – What’s Next?

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZFGet Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $63.40, but opened at $67.27. Pershing Square shares last traded at $65.50, with a volume of 1,270 shares trading hands.

Pershing Square Stock Performance

The company’s 50 day moving average is $64.41 and its 200-day moving average is $61.11.

About Pershing Square

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Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) is a Guernsey-registered closed-ended investment company that offers public investors access to the concentrated investment strategy of Pershing Square Capital Management, L.P. Founded by William “Bill” Ackman, the firm employs a value-oriented, fundamental approach to equity investing, often engaging in activist campaigns to unlock shareholder value. Since its launch in April 2012, Pershing Square Holdings has built a portfolio of high-conviction positions in a select group of publicly traded companies, predominantly in North America and Western Europe.

As a holding company, Pershing Square Holdings does not originate new funds but rather issues ordinary shares to investors seeking exposure to the flagship strategy of Pershing Square Capital.

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