Trian Group said on Monday that it owned a 9.7 percent stake in Domino's Pizza Inc (DPZ.N) as of May 4, and Domino's shares rose nearly 3 percent after hours. The hedge fund controlled by investor Nelson Peltz made its ownership of 6 million shares, or 9.7 percent of the stock, public in a filing with U.S. securities regulators. Peltz has in the past pushed for change at consumer companies ranging from ketchup maker H.J. Heinz Co (HNZ.N) to fast-food chain Wendy's (WEN.N) and luxury jewelry retailer Tiffany & Co (TIF.N). In February, Trian offered to purchase Family Dollar Stores Inc (FDO.N).
Domino?s Pizza, Inc. (Domino?s) is a pizza delivery company in the United States. Shares of DPZ fell by 0.72% or $-0.17/share to $23.36. In the past year, the shares have traded as low as $10.66 and as high as $23.61. On average, 1069010 shares of DPZ exchange hands on a given day and today's volume is recorded at 1126042.
H. J. Heinz Company, together with its subsidiaries, is engaged in manufacturing and marketing a range of food products globally. Shares of HNZ fell by 0.08% or $-0.04/share to $52.46. In the past year, the shares have traded as low as $42.88 and as high as $52.67. On average, 2042260 shares of HNZ exchange hands on a given day and today's volume is recorded at 1271955.
Wendy?s/Arby?s Group, Inc. is the parent company of its wholly owned subsidiary holding company, Wendy?s/Arby?s Restaurants, LLC (Wendy?s/Arby?s Restaurants). Shares of WEN fell by 1.62% or $-0.08/share to $4.87. In the past year, the shares have traded as low as $3.83 and as high as $5.22. On average, 4997680 shares of WEN exchange hands on a given day and today's volume is recorded at 3248566.
Tiffany & Co. is a holding company and conducts all business through its subsidiary companies. Shares of TIF fell by 0.06% or $-0.04/share to $68.91. In the past year, the shares have traded as low as $35.81 and as high as $70.26. On average, 1892820 shares of TIF exchange hands on a given day and today's volume is recorded at 1654219.
Family Dollar Stores, Inc. (Family Dollar) operates a chain of more than 6,800 general merchandise retail discount stores in 44 states, providing primarily consumers with a selection of priced merchandise in neighborhood stores. Shares of FDO traded higher by 0.46% or $0.24/share to $52.18. In the past year, the shares have traded as low as $35.31 and as high as $55.62. On average, 1724740 shares of FDO exchange hands on a given day and today's volume is recorded at 617121.
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