🔴 Pershing Square is trading 10.18% down today as Middle East tensions reinforce risk-off positioning

Pershing Square is trading at $38.55 after a -10.18% move, amid broader U.S. equity weakness and risk-off positioning.

• The S&P 500, Nasdaq Composite, and Dow Jones are each down more than 0.5% on September 1, 2026.
• Middle East tensions, higher oil prices, and rising Treasury yields are reinforcing risk-off positioning.
• No clear company-specific announcement was found; recent fund and dividend news predates the move.