Source: Moab Republic / Shutterstock.com Bath & Body Works (NYSE:BBWI) stock rose 5% overnight after Dan Loeb’s Third Point LLC hedge fund raised its stake, seeking changes in executive compensation. Third Point now owns 6.02% of the personal care retailer, according to a 13D document filed with the Securities and Exchange Commission (SEC). The stock…
Category: NYSE:BBWI
BBWI Stock Climbs as Bath & Body Works Candle Day Sale Kicks Off
Source: Moab Republic / Shutterstock.com Bath & Body Works (NYSE:BBWI) stock is rising higher on Friday as the retail company starts its annual Candle Day sale. Members of Bath & Body Works’ loyalty program got an early start when the Candle Day sale started late on Thursday. However, it opened up to the public today…
7 Retail Stocks to Buy Regardless of Supply Shortages
Generally, around the beginning of November, business media starts writing about the best retail stocks to buy to take advantage of the traditional holiday shopping season. That’s generally considered to begin on Thanksgiving Day or Black Friday and run until Christmas Eve. However, with all the supply shortages the U.S. is experiencing, you could say…
7 Mid-Cap Stocks That Are Ready to Rally With an Economic Recovery
Between high inflation, a labor shortage and supply bottlenecks, is the post-Covid “recovery” that gave mid-cap stocks a boost ending not too long after it started? Not so fast. Yes, Rising prices, particularly rising energy prices, could limit economic growth in the coming year. But it may not mean a recession is around the corner.…
What Did the Stock Market Do Today, Aug. 9? 3 Big Stories to Catch Up On.
After setting record highs on Friday, the major indices cooled off to start the week. It seems the ongoing infrastructure debates in Washington and renewed Covid-19 fears just have everyone on edge. So with that in mind, what did the stock market do today? Source: Shutterstock The S&P 500 closed down 0.09% The Dow Jones…