Bill Ackman’s $1.4 Billion Nike Investment: An In-Depth Analysis
Between June 2024 and September 2024, billionaire investor Bill Ackman made significant moves with his hedge fund, Pershing Square Capital Management, by increasing his stake in shoe maker Nike (NYSE: NKE) fivefold. Ackman first invested in Nike in Q4 2017 but quickly exited his position in Q1 2018. In a notable turnaround, he returned in … Read more