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

The size of the investment is unknown, but a 0.12% stake in the company was disclosed in November.

  • Shares of
  • The size of the investment is unknown, but a 0.12% stake in the company was disclosed by D.E. Shaw in November,
  • D.E. Shaw plans to use its investment in the company to ask for changes that could increase shareholder value, Bloomberg said, citing unnamed sources.
  • Lowe's is expected to report earnings of $0.86 per share on revenue of $15.335 billion.
  • Rival

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