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InsideArbitrage May 2024 Mid-Month Update – Howard Hughes

  • May 16, 2024

Howard Hughes, Inc. (HHH): $68.13

Market Cap: $3.40B

Sum-of-the-Parts Estimate Per Share: $129 (as of June 30, 2023)

Howard Hughes is probably one of most misunderstood companies on Wall Street and also one that has generated a lot of interest following a series of insider purchases by Bill Ackman through Pershing Square Capital Management late last year. The company was our spotlight idea for the December 2023 newsletter.

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