New York–based hedge fund firm Clinton Group, which owns a big stake in diet and weight loss company Nutrisystem, says that while the company has made big improvements, its stock price is still too lean.
In a letter to Nutrisystem chief executive Dawn Zier, Clinton Group, led by George Hall, served up suggestions on how the company could fatten its stock price, calling on Nutrisystem to do a large stock buyback or put itself up for sale.