Pershing Square Cashes Out with 100 Million Before Nike 3rd Quarter Fiscal 2018 Earnings and Conference Call | via Wall Street Journal

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David Benoit and Sara Germano of the Wall Street Journal broke the news that Pershing Square, who has only been invested in Nike for less than 2 quarters, cashed out today to the tune of 100 million. The typical assumption when a company sells a large holding is that the business could be headed for…

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