Why Janus Henderson Group Blasted 16% Higher on Friday
Financial services company Janus Henderson Group (NYSE: JHG) experienced a sudden jolt of interest from investors on Friday.
On news that investment boutique Trian Fund Management -- headed by a high-profile shareholder activist, Nelson Peltz -- had taken a nearly 10% stake in the company, its shares rocketed to close nearly 16% higher on the day.
Source Fool.com