• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Garden Investments takes stake in kitchen equipment maker Middleby- WSJ

by January 24, 2025
written by January 24, 2025

Investing.com– Garden Investments, a new firm formed by a co-founder of Trian Fund Management, has taken an activist position in kitchen equipment maker Middleby Corp (NASDAQ:MIDD), the Wall Street Journal reported on Thursday.

Garden Investments- formed by Ed Garden- has built up an almost 5% stake in Middleby, the WSJ report said, with the activist investor calling for changes to boost Middleby’s sluggish share price.

Middleby’s shares rose 2.2% in aftermarket trade following the WSJ report. 

Middleby is trading up about 2% in the past 12 months, vastly lagging peers such as Spectrum Brands Holdings Inc (NYSE:SPB) and Whirlpool Corporation (NYSE:WHR), who are up 9.3% and 19.1%, respectively. 

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Venture Global LNG raises $1.75 billion after pricing US IPO
next post
Tesla announces revamped Model Y version in US priced at $59,990

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • Tokyo government to introduce four-day workweek for its employees
    • Dollar stands tall on bets for slower Fed cuts, potential Trump win

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy