{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreig2gijzzkrasrgeyzqbupttssfhzaryuwtne2ovfhr7b2j4vst4ce",
    "uri": "at://did:plc:o7x3aaueo7gbdj5s6ywwl7sl/app.bsky.feed.post/3mkpiadzvp4m2"
  },
  "coverImage": {
    "$type": "blob",
    "ref": {
      "$link": "bafkreih76bs3lrethwykps5o5gnkpxz7p5a7f5upei52bxnibgmnzw6ehm"
    },
    "mimeType": "image/jpeg",
    "size": 121256
  },
  "path": "/bill-ackmans-peoples-hedge-fund-drops-18-on-its-first-day-of-trading/?utm_source=rss&utm_medium=rss&utm_campaign=bill-ackmans-peoples-hedge-fund-drops-18-on-its-first-day-of-trading",
  "publishedAt": "2026-04-30T09:37:00.000Z",
  "site": "https://thedeepdive.ca",
  "tags": [
    "Latest",
    "Macro",
    "Bill Ackman",
    "Pershing Square",
    "Pershing Square USA",
    "Bill Ackman’s ‘People’s Hedge Fund’ Drops 18% on Its First Day of Trading",
    "the deep dive"
  ],
  "textContent": "Bill Ackman rang the opening bell at the New York Stock Exchange on Wednesday. By the close of trading, his new fund had lost nearly a fifth of its value. Pershing Square USA (NYSE: PSUS) closed at $40.90 on its NYSE debut, well below the IPO price of $50 — an 18% drop on the […]\n\nThe post Bill Ackman’s ‘People’s Hedge Fund’ Drops 18% on Its First Day of Trading appeared first on the deep dive.",
  "title": "Bill Ackman’s ‘People’s Hedge Fund’ Drops 18% on Its First Day of Trading"
}