UPDATE 3-Investor Ackman tweets to Trump: Close down the country [Reuters (UK)]
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Source: Reuters
Investor Ackman tweets to Trump: Close down the country - Reuters 4 Min Read BOSTON (Reuters) - Billionaire investor William Ackman, who has long worried about risks posed by the coronavirus, called on the Trump administration on Wednesday to seal off the country for 30 days and said stocks would “soar” if such restrictions were imposed. “The only answer is to shut down the country for the next 30 days and close the borders,” Ackman said in a post on Twitter, adding: “Tell all Americans that you are putting us on an extended Spring Break at home with family.” Ackman also said he had bought stock in private equity group Blackstone Group as well as portfolio companies his hedge fund Pershing Square Capital Management already owns, including Hilton Worldwide Holdings. Ackman, who has some 58,000 Twitter followers but rarely tweets, took to President Donald Trump’s preferred communication platform to publicize his plan for proposed action. After markets closed with fresh losses and the Do
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