Tapestry, Nike, Apple: 3 Stocks in Focus

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Pershing Square Capital Management News

Bill Ackman,Apple,Tapestry

Tapestry (TPR) stock is gaining ground after the luxury fashion brand surpassed fiscal fourth-quarter earnings expectations, with revenue growth primarily...

) stock is gaining ground after the luxury fashion brand surpassed fiscal fourth-quarter earnings expectations, with revenue growth primarily driven by strong demand for its Coach Tabby bag.) trending upward after hedge fund Third Point disclosed a new position in the iPhone maker. This investment now places Apple among the firm's top 10 holdings.The luxury company, fourth quarter earnings and beating the street's expectations.

Remember, the company did raise prices here for coach lots of questions about whether or not that was the right move. Uh, we'll see what Pershing Square looks to do with this new say, uh, and its own position and state within Nike here, if they push for, you know, cuts in marketing, I don't know any any type of activist campaign typically looks for just streamlining any of the shareholder returns.All right, let's take a look at Apple shares taking higher here at third point, Dan Low but taking a new stake in the company, making one of its top 10 holdings.

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