Agilent Technologies gain after-hours trading after hedge fund investor Bill Ackman revealed he has taken a stake in the company.
gained more than 3% in after-hours trading on Monday after hedge fund investor Bill Ackman revealed he has taken a stake in the lab testing equipment maker.
A regulatory filing showed Ackman's hedge fund, Pershing Square Capital, owns more than 2.9 million Agilent shares, bringing his stake to around $246 million.that Ackman's next big tech buy would be Netflix. Don Bilson, head of event-driven research at Gordon Haskett, was among the analysts thinking the well-known hedge fund investor and activist may be snapping up a stake in the video streamer.
Ackman's hedge fund has been on fire this year after a three-year drought. In the first half of the year alone, Pershing Square boasted a return of 45%.Related Tags
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