Lowe's is popping after reports of an activist investor stake (LOW)

markets.businessinsider.com | 1/12/2018 | Seth Archer
kringkring (Posted by) Level 4
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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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