Nike shares are trading higher after Pershing Square disclosed in a 13F filing that it added a new position in the company.
Portfolio Pulse from Benzinga Newsdesk
Nike shares are trading higher after Pershing Square disclosed in a 13F filing that it added a new position in the company.
August 15, 2024 | 11:11 am
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Nike shares are trading higher following Pershing Square's disclosure of a new position in the company.
The disclosure of a new position by Pershing Square, a well-known investment firm, is likely to boost investor confidence in Nike, leading to a short-term increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100