Shares of The Jones Group Inc. rose 5.9 percent Friday on word that activist investor Barington Capital had taken a stake in the firm and was pushing for it to sell off some smaller brands and tighten up operations.
The stock closed up 78 cents to $14.07 and climbed as high as $15.07 in midday trading. More than 4.7 million shares traded hands Friday, well ahead of the three-month average 742,789 shares.
"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)