NEW YORK — Activist investors Engine Capital LP and Red Alder LLC went public with their push for Ann Inc. to engage in a sale or other transaction Monday and investors picked it up from there.
Shares of the New York-based operator of the Ann Taylor and Loft nameplates increased $2.42, or 6.5 percent, to close at $39.94, the second-best performance of the 100 equities tracked by the WWD Global Stock Tracker.
"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)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)