🟢 Pershing Square is trading 5.6% up as all three major U.S. indices rise

Pershing Square is trading at $46.53, up +5.63%, amid a broad market rally.

• All three major U.S. indices are up more than 0.5% on October 26.
• The IPO lock-up expires October 26, potentially allowing eligible insiders and major shareholders to sell. Coverage describes this as a potential supply overhang, not a reason for the rise.
• No verified company-specific announcement directly explains the move.