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

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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. 

The post Ackman’s Pershing Square takes new stakes in Nike, Brookfield  appeared first on Reuters News Agency.

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