By  on August 15, 2013

Shares of Jos. A. Bank Clothiers Inc. fell 1 percent Wednesday after jumping 12.5 percent the day before on news that its activist investor, BeaconLight Capital, is agitating for change.

BeaconLight, which holds a 1 percent stake in the company and has been a shareholder for three years, thinks the stock should be trading much higher.

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