Steven Cohen’s Point72 Asset Management disclosed a 5.0% stake in Wolverine World Wide (WWW), which represents over 4.07M shares. The filing with the SEC does not allow for activism. Shares are up 1% afterhours at $32.31.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WWW:
- Wolverine World Wide price target raised to $36 from $30 at Stifel
- Wolverine World Wide price target raised to $35 from $20 at Argus
- Wolverine Worldwide Q2 Earnings: Strong Growth Amid Challenges
- Wolverine World Wide price target raised to $29 from $17 at Telsey Advisory
- Wolverine World Wide price target raised to $36 from $30 at UBS