1. Bill Ackman Reportedly Cashes out of his Nike Investment After Making about $100 Million

    Bill Ackman Reportedly Cashes out of his Nike Investment After Making about $100 Million
    • Pershing Square CEO Bill Ackman has cashed out his stake in Nike after making about $100 million, according to Dow Jones.
    • Ackman recently exited a years-long bet in Herbalife that reportedly cost him hundreds of millions of dollars.
    • The apparel maker is set to report earnings after the market close on Thursday.

    Bill Ackman has dumped his stake in Nike after making about $100 million, Dow Jones reported on Thursday...

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