Tuesday, July 18, 2017

"Bill Ackman Sold The Wrong Restaurant Shares"

The man is snakebit.
Or tarantula-drone-flying-burrito-of-love-bit.
From DealBreaker:
Last week, Bill Ackman sold off $610 million worth of shares in a fast-food chain. Today, a Chipotle in suburban Virginia closed after allegedly giving norovirus to a lucky 13 customers. Any chance the two are related? Of course not, because Bill Ackman’s luck has long since run out: The shares he sold were of booming Burger King—whose stock price only goes down when Ackman sells $610 million worth of them—and not of Chipotle, whose shares are particularly sensitive to reports of food poisoning for some reason....