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Why VF Stock Jumped This Week

TheMotleyFool

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Week to date, shares of VF Corp (NYSE: VFC) were up 20% through Thursday's market close, according to data provided by S&P Global Market Intelligence.

The move followed a presentation by Engaged Capital, one of the company's top shareholders, that laid out a case for why the stock could be undervalued.

Engaged Capital invests in underperforming companies on the cheap. The goal is to take a big stake in the stock and influence changes to management's strategy that lead to better financial performance and, therefore, a higher stock price.

Source Fool.com

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