Ackman’s Pershing Square takes new stakes in Nike, Brookfield 

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    Ackman’s Pershing Square takes new stakes in Nike, Brookfield 


    Business & Finance

    Reuters was first to report that billionaire investor William Ackman built new stakes in sportswear company Nike during the second quarter. A regulatory filing reviewed by Reuters showed that Ackman’s hedge fund Pershing Square Capital Management owned roughly 3 million shares of Nike, amounting to a roughly 0.19% ownership. Nike’s stock, which has tumbled 26% since January, rose 4% in after-market trading. 

    Market Impact

    Nike’s stock, which has tumbled 26% since January, rose 4% in after-market trading.

    Article Tags

    Topics of Interest: Business & Finance

    Type: Reuters Best

    Sectors: Business & Finance

    Regions: Americas

    Win Types: Speed

    Story Types: Exclusive / Scoop

    Media Types: Text

    Customer Impact: Important Regional Story



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