Agilent shares rise after Bill Ackman stake revealed

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Shares of Agilent Technologies 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. 

Some investors had speculated that Ackman’s next big tech buy would be Netflix. Don Bilson, head of event-driven research at…



Source cnbc.com

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