Name | Symbol | Market | Type |
---|---|---|---|
Compagnie Financiere Richemont (PK) | USOTC:CFRUY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.01 | 0.06% | 17.36 | 17.21 | 17.43 | 17.53 | 17.269 | 17.33 | 463,835 | 22:00:02 |
--Activist investor Third Point has built up a significant stake in Compagnie Financiere Richemont SA and is urging moves to propel the Swiss luxury-goods group's share price, fashion website Miss Tweed reports, citing unnamed sources.
--The New York-based hedge fund and another activist with a smaller interest are putting pressure on the group to take share-boosting action, Miss Tweed reports.
--Richemont didn't immediately respond to a request for comment from Dow Jones Newswires.
Full story: https://bit.ly/3bNYNaz
Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby
(END) Dow Jones Newswires
November 08, 2021 02:38 ET (07:38 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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