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Posted on: Aug. 17, 2017, 6:01 p.m.
Robert Chapman tells CNBC's Scott Wapner he shorted ADP shares with an average cost of $119.50. : The short-seller Robert Chapman and hedge-fund billionaire Bill Ackman are facing off again over a stock. Chapman told CNBC's Scott Wapner he shorted ADP shares, a bearish bet. The founder of Chapman Capital didn't disclose the size of the trade, at an average cost of $119.50, but it sets him up opposite Bill Ackman's Pershing Square, which recently bought an 8 percent stake … Full investment news articleRelevent to this post: Chapman Capital Bill Ackman,