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    Report says Ackman takes $1 billion Lowe's stake, shares surge - Reuters /Link




    Reuters

    Report says Ackman takes $1 billion Lowe's stake, shares surge
    Reuters
    (Reuters) - Lowe's (LOW.N) shares rose 10 percent on Wednesday as billionaire hedge fund manager Bill Ackman was reported to be the second major investor to reveal a $1 billion stake in the home improvement retailer.
    Ackman Takes Roughly $1 Billion Stake in Lowe'sWall Street Journal
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    Bill Ackman's Pershing Square builds roughly $1 billion stake in Lowe'sCNBC
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    Published on 23 May 2018 at 03:13PM



















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