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Lowe's moves higher after reports that it could triple in value (LOW)

Shares of Lowe's surged after reports that it could triple in value, according to Bloomberg

  • Shares of
  • Activist investor D.E. Shaw believes
  • The company has paled in comparison to
  • Lowe's announced on Friday that it will add three new directors to its board.
  • Though it was not previously disclosed, D.E. Shaw's stake in the company was worth around $1 billion, Bloomberg reported.
  • Lowe's stock was up 3.26% at $104.65 per share. It was up 14.24% for the year.

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