Bill Ackman’s online acolytes are unfazed by the dwindling premium attached to the billionaire’s Pershing Square Tontine Holdings, Reuters reports.
Self-described Tontards swap memes on Reddit glorifying the investor they call “daddy”, while a sock puppet proffers an expletive-ridden sum-of-the-parts valuation. Yet PSTH shares suggest Ackman’s unconventional SPAC has lost its shine. Read more.
