Nike Looks Like It's About to Disappear From Bill Ackman's Portfolio. But the Billionaire Investor Is Really Doubling Down.
In a recent presentation, Ackman and Pershing disclosed that Nike will soon look like it's disappeared from Pershing's portfolio when the fund files updated disclosures for Q1 2025 in a few months.
Billionaire Bill Ackman’s makes a number of moves that turn heads
Among other trades, the hedge-fund manager sells a big-name consumer giant and buys into a real estate company.
UnitedHealth's rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months
It extends a tumultuous period for UnitedHealth marked by the killing of a top executive, a costly cyberattack against its ...
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Uber Stock Eyes Bounce Back As Robotaxi Strategy Faces Big Test
Uber stock is approaching a return to record highs after concerns about competition from Waymo and Tesla sunk its shares late ...
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