Note the huge buy of 4m shares at 2:30pm this afternoon. I anticipate the buyer is taking advantage of the dip these past 2 days as HBI approaches a new 52-week high.
As a long term DD shareholder, I am frustrated by the number of phone calls and mailings, and the amount of money being spent by the company, to defend this fight. DD has underperformed over the long term and has continued to miss on its guidance. Time for a change!
Same old story with DD. Looks like the company is again playing the downward revision in guidance card. Multiyear track record of this company missing their own guidance. Welcome Trian!!