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Cognex holder Engaged Capital outlines ‘actionable steps’ to improve profit

Engaged Capital announced that it has built a stake in Cognex (CGNX) Corporation and at the 13D Monitor Active-Passive Investor Summit, Engaged shared a presentation that highlights “actionable opportunities for value enhancement.” Engaged “believes that Cognex already possesses many of the right executives and ideas and intends to continue engaging in a constructive dialogue with the Company to accelerate necessary initiatives to drive value for all stockholders,” the firm stated.

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