Monro recovers poise after activist investor Icahn discloses stake
ReutersNov 5, 2025 2:06 PM
Shares of automotive services company Monro MNRO.O climb 18% to $18.06 premarket, after activist investor Carl Icahn reveals stake
Stock on track to claw back some losses after last week's slide, when Q2 revenue miss triggered its sharpest intraday drop in nearly three months
Carl Icahn's eponymous investment firm IEP.O discloses 14.79% stake in co, worth $67.8 mln based on MNRO's last close
Icahn, veteran corporate raider, has history of pushing for change at companies he invests in
MNRO has lost 38% YTD, as of last close
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