VFC - Why VF Stock Jumped This Week
2023-10-20 10:24:17 ET
Week to date, shares of VF Corp (NYSE: VFC) were up 20% through Thursday's market close, according to data provided by S&P Global Market Intelligence .
The move followed a presentation by Engaged Capital, one of the company's top shareholders, that laid out a case for why the stock could be undervalued .
Engaged Capital invests in underperforming companies on the cheap. The goal is to take a big stake in the stock and influence changes to management's strategy that lead to better financial performance and, therefore, a higher stock price.
For further details see:
Why VF Stock Jumped This Week