Kohl's shares are trading higher following a report suggesting former Canadian Prime Minister Stephen Harper's hedge fund is pushing Kohl's to sell itself.
Portfolio Pulse from Benzinga Newsdesk
Kohl's shares are experiencing an uptick after reports emerged that a hedge fund, led by former Canadian Prime Minister Stephen Harper, is advocating for the company to sell itself.
February 06, 2024 | 7:56 pm
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Kohl's stock is on the rise following news that Stephen Harper's hedge fund is pushing for the company to be sold.
The push for Kohl's to sell itself by a notable figure's hedge fund can create positive speculation among investors, driving up the stock price in the short term. The involvement of a high-profile individual like Stephen Harper can add credibility to the push, potentially leading to increased investor confidence in the stock.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100