Lowe's is popping after reports of an activist investor stake (LOW)
| Seth Archer
1/12/2018 5:33 PM EST
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Shares of Lowe's, the home improvement retailer, jumped more than 6% after Bloomberg reported an activist investment from D.E. Shaw, a quantitative investment firm, on Friday.
The size of the investment is unknown, but a 0.12% stake in the company was disclosed by D.E. Shaw in November, according to Bloomberg.
DE - Shaw
D.E. Shaw plans to use...
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