Gap Inc.’s second-largest institutional shareholder has jumped ship.
Asset management firm AllianceBernstein unloaded a total of 23.3 million shares of the retailer in July and August, according to a filing with the Securities and Exchange Commission. That leaves the investing firm with beneficial ownership of 1.1 million shares, or just 0.2 percent of those outstanding.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)