Bill Ackman takes a stake in Microsoft
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Ackman, 60, wrote in a lengthy X post that Microsoft operates “two of the most valuable franchises in enterprise technology” in the form of its 365 productivity apps, which include Word and Excel,
Ackman began building the position in February after Microsoft stock fell, calling the software giant's valuation "highly compelling"
Bill Ackman counts Microsoft, Meta Platforms, Amazon and Google among the holdings of his hedge fund Pershing Square Capital Management.