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Citadel Raising Stake In AnnTaylor Stores (ANN)

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Citadel Investment Group and Ken Griffin have disclosed they have raised their stake in AnnTaylor Stores Corp. (NYSE: ANN) to 5.7%, up from 2.7% at the end of the fourth quarter.

Shares of AnnTaylor Stores closed at $29.88 yesterday, and are rising in pre-market trading, to over $30 a share.

ANN INC. operates as a specialty retailer of womens apparel, shoes, and accessories primarily in the United States.

 

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Posted-In: Citadel Investment Group Ken GriffinLong Ideas Hedge Funds Trading Ideas