This content is from: Premium

Several Activist Favorites Rocked by Wall Street

Chipotle and other stocks held by shareholder activists took a huge hit on Wednesday from investors and Wall Street analysts.

  • By Stephen Taub

      Barry Rosenstein, JANA Partners (photo credit: Andrew Harrer/Bloomberg)It is little secret that activist hedge funds have had a somewhat rough time of late. This was underscored last week, when Trian Fund Management lost its proxy fight with Procter & Gamble. However, Wednesday was an especially ugly day for several stocks held

To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.

Related Content