Bill Ackman raises $5 bln in Pershing Square IPO

April 30, 2026 | 11:03
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The billionaire investor’s Pershing Square closed a $5 billion initial public offering on the NYSE, providing permanent capital for his activist hedge fund strategy.

NEW YORK, April 29, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.

Ashley Mastronardi delivers the pre-market update on April 29th

  • Stocks are little changed on Wednesday morning ahead of this afternoon's Fed decision, with traders expecting interest rates to hold steady.
  • Four of the largest holdings by weight for the NYSX ETF – Microsoft, Amazon, Alphabet, and Meta – will report earnings following today's market close.
  • Shares of Pershing Square (NYSE: PS) and Pershing Square USA (NYSE: PSUS) will begin trading on the NYSE today after raising $5 billion in the combined IPO.
  • Gold Royalty (NYSE American: GROY) Chairman and CEO David Garofalo will join Taking Stock to reflect on the company's five-year listing anniversary.

Opening Bell
Pershing Square (NYSE: PS) and Pershing Square USA (NYSE: PSUS) celebrate their IPO.

Closing Bell
Gold Royalty (NYSE American: GROY) celebrates its five-year listing anniversary.

For market insights, IPO activity, and today's opening bell, download the NYSE TV App: TV.NYSE.com

3M at the NYSE on April 28th

By PR Newswire

New York Stock Exchange

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