Thursday, May 24, 2018

Ackman takes stake in Lowe's, stock price surges

By Aishwarya Venugopal and Svea Herbst-Bayliss (Reuters) - Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe's , boosting the U.S. home improvement retailer's stock by 10.4 percent

from Latest News Business on Firstpost https://ift.tt/2J762h7
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