FTSE 100 news / Companies and sectors / Pershing Square Holdings / 12 October 2026

Pershing Square Holdings (PSH): news on Monday 12 October 2026

−5.2 negative

Coverage was led by Citi downgrading Pershing Square to sell on valuation concerns, which weighs on sentiment. A separate piece with Ackman discussing index funds and big tech was largely neutral.

What drove it

Citi downgrade
valuation concerns
Ackman commentary

The 2 stories

Each headline's own score, strongest first. Links go to the publisher.

−7.7 Citi downgrades Bill Ackman’s Pershing Square to sell on valuation concerns Investing.com
Citi downgrade to sell on valuation concerns is negative for the shares.
+2.0 The float is shrinking: Ackman on index funds, short-term traders and why big tech is still cheap Dealroom
Ackman interview on markets and big tech; mildly positive, largely commentary on strategy.

Pershing Square Holdings: every day · Financial services on 12 October 2026 · FTSE 100 overview for the day