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Craig Delano Melvin [1] (born May 20, 1979) is an American broadcast journalist and anchor at NBC News and MSNBC.From August 2018 until January 2025, he was a news anchor on NBC's Today, in October 2018, a co-host of Today Third Hour before being made permanent host in January 2019, and in January 2025, he became a co-anchor for the first and second hours of Today.
Today (also called The Today Show) is an American morning television show that airs weekdays from 7:00 a.m. to 11:00 a.m. on NBC.The program debuted on January 14, 1952. It was the first of its genre on American television and in the world, and after 73 years of broadcasting it is fifth on the list of longest-running American television serie
In 2004, with $54 million from his personal funds and from his former business partner Leucadia National, Ackman started Pershing Square Capital Management. [2] [10] In 2010 Pershing started buying J. C. Penney shares, paying an average of $22 for 39 million shares or 18% of J.C. Penney's stock. In August 2013, the two-year campaign to ...
Pershing Square, founded in 2004, also is considering an IPO that most likely wouldn't happen until 2025 at the earliest. Bill Ackman selling 10% of Pershing Square in deal that values hedge fund ...
Pershing Square, which has a publicly listed fund in Europe, returned 26.7% last year, beating broader stock market gains and bouncing back from a loss in 2022.
In March 2020, Pershing Square made $2.6 billion (£2.2 billion) betting that there would be a market crash. [35] In November 2020, Pershing Square took a position against corporate credit. [36] [37] In April 2022, Pershing Square lost in excess of $430 million on Netflix after a three month–long bet. [38]
Billionaire hedge fund manager Bill Ackman said Pershing Square Capital Management no longer has hedges on its portfolio, but still has cash to invest if shares decline further as the coronavirus ...