Icahn Sees Potential in Pep Boys (PBY); Live Ventures (LIVE) “Particularly Successful Quarter”
Shares of Pep Boys – Manny, Moe & Jack (NYSE:PBY) surged more than 8% to touch a new 52-week high in the extended session Friday after billionaire activist investor Carl Icahn disclosed in a regulatory filing ( SC 13D ) with the U.S. Securities and Exchange Commission (SEC) a 12.12% stake (6,558,083 shares) in the company
Pep Boys is estimated to report its third quarter 2015 financial results on December 14, 2015.
PBY stock closed at $15.70, up $0.50 (or +3.29%), and 1,931,897 of its shares were traded during the day
Pep Boys – Manny, Moe & Jack, the nation’s leading automotive aftermarket chain, has 54.02M Shares Outstanding, Market Capitalization (intraday) of $847.63M and PBY stock 52-week range is from $8.00 to $15.74 per share
Live Ventures Inc. (Nasdaq:LIVE) stock soared $0.92 (or +64.79%) to $2.34 after the company said that it will release on December 10, 2015 highlights from its fourth quarter financial results – a “particularly successful quarter” according to Live Ventures’ CEO Jon Isaac.
10,090,671 shares of the company exchanged hands on Friday’s trading session, a huge increase in activity verus its average volume (3m) of 60,430.
Live Ventures, a diversified growth holding company, has 16.90M Shares Outstanding, Market Capitalization (intraday) of $39.55M and LIVE stock one-year range is between $0.75 and $4.29 per share
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