Howard Hughes Rises Nearly 3% In Pre-Market As Bill Ackman Exits From Universal Music Group's Board To Prioritize New Investments

Howard Hughes Holdings (NYSE:HHH) surged 2.78% during Wednesday pre-market, after non-Executive Director, Bill Ackman, stepped down from the Board of Directors of Universal Music Group N.V. (OTC:UMGNF). The decision comes in light of new obligations towards Howard Hughes that Ackman has…