Billionaire investor William Ackman acquired a new stake in Nike during the second quarter, with his hedge fund owning 3 million shares, representing a 0.19% ownership. Despite Nike’s stock falling 26% since January, it rose 4% in after-market trading following the news.
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Bicycle (BCYC) Q2 Revenue Falls 69%
Bicycle Therapeutics Plc (NASDAQ:BCYC) reported Q2 2025 GAAP revenue of $2.9 million, significantly below the $9.43 million analyst estimate, while net loss per share widened to $(1.14), surpassing the $(0.95) forecast. Despite increased clinical investment and operational spending aimed at advancing its pipeline of precision-guided therapeutics using its proprietary Bicycle molecule platform, the company emphasized the need for operational discipline and clear milestones ahead. Want More Context? 🔎
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