Tapestry (TPR) 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.

Nike (NKE) shares are on the rise following news that billionaire CEO Bill Ackman's Pershing Square Capital Management has taken a new stake in the sportswear giant.

Apple (AAPL) 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.

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This post was written by Angel Smith