Ackman’s Pershing Sq. takes new stakes in Nike, Brookfield  | Reuters Information Company

Reuters was first to report that billionaire investor William Ackman constructed new stakes in sportswear firm Nike throughout the second quarter. A regulatory submitting reviewed by Reuters confirmed that Ackman’s hedge fund Pershing Sq. Capital Administration owned roughly 3 million shares of Nike, amounting to a roughly 0.19% possession. Nike’s inventory, which has tumbled 26% since January, rose 4% in after-market buying and selling.