Nike Stock Climbs on Ackman’s Investment

Nike Gains 4% on Ackman’s Return Nike Inc. (NYSE:NKE) saw its stock price increase by nearly 4% on Thursday, fueled by investor optimism following the return of billionaire investor William Ackman as a shareholder. Ackman's hedge fund, Pershing Square Capital Management, currently owns roughly 3 million Nike shares, representing a…