Bill Ackman claims firm made $2.6bn betting on coronavirus outbreak

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Bill Ackman claims firm made $2.6bn betting on coronavirus outbreak
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  • 📰 The Guardian
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Hedge fund manager took advantage of market turmoil to make almost 100 times his outlay

The hedge fund manager Bill Ackman has claimed his firm made $2.6bn betting that the coronavirus outbreak would cause a market crash, barely a week after warning that “hell is coming” for US companies.

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