Lowe's moves higher after reports that it could triple in value (LOW)
Shares of Lowe's jumped after news that an activist investor that recently bought a stake in the company sees the company as worth triple its value.
Activist investor D.E. Shaw believes the home retailer can measure up to its rival Home Depot if it makes the right changes, anonymous sources told Bloomberg.
The company has paled in comparison to Home Depot in terms of revenue, earnings, and costs despite close similarities between the two companies, according to reports. D.E. Shaw maintains the c
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