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Ackman’s Pershing Square Discloses $229 Million Nike Stake
Posted
August 15, 2024
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1:27Now PlayingNike shares rose after Bill Ackman’s Pershing Square Capital Management revealed in a regulatory filing Wednesday afternoon that it holds about 3 million shares in Nike worth $229 million even as the retailer tries to turn around a sales slump. Manuel Baigorri reports on Bloomberg Television.
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