Tags: Clorox | Shares | Jump | Icahn | stake

Clorox Shares Jump as Icahn Grabs 9 Percent Stake

Friday, 11 Feb 2011 01:25 AM


Billionaire activist investor Carl Icahn reported a 9.08 percent stake in Clorox Co, sending its shares up almost 8 percent.

Icahn may seek to have conversations with the company's management to discuss its business, according to a filing with the U.S. Securities and Exchange Commission Friday.

Clorox shares were up $5.20 at $71.45 Friday afternoon on the New York Stock Exchange.

Clorox could not be reached for comment.

© 2015 Thomson/Reuters. All rights reserved.

Around the Web

Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.

You May Also Like
Around the Web
Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

© Newsmax Media, Inc.
All Rights Reserved