7 Hedge Fund-Owned Retail Stocks Primed for Takeout or Turnaround
NEW YORK (TheStreet) -- Earlier this week, I wrote a piece on the record level mergers and acquisitions activity we're seeing in the biotech space this year. That activity creates tremendous opportunities to participate in beaten-down stocks that can be bought for huge premiums.
And there is another beaten-down sector where M&A activity is heating up. It's retail.
This week, two activist hedge funds with a stake in Ann Taylor
Last month, Sycamore Partners, the billion dollar private equity-hedge fund firm, said they initiated a nearly 10% stake in Express
And then there's Chico's
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