Canadian Pacific (CP) Board to Hear 'Input' from Ackman
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Shares of Canadian Pacific (NYSE: CP) are relatively unchanged following headlines from Bloomberg the company has said it will take "input" from Bill Ackman's Pershinq Square Capital.
After ramping sharply just ahead of Friday's close (about 3.5 percent during the last hour) and opening about 2.2 percent higher Monday morning, the stock is now down more than 3 percent to around $62.60.
After ramping sharply just ahead of Friday's close (about 3.5 percent during the last hour) and opening about 2.2 percent higher Monday morning, the stock is now down more than 3 percent to around $62.60.
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