Bill Ackman, Howard Hughes
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. However, Pershing doubled down on the embattled stock.
Billionaire Bill Ackman, the CEO of Pershing Square Capital Management, is known for investing in cash-flowing consumer stocks and making contrarian bets. For instance, he invested in Chipotle Mexican Grill in 2016,
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