Activist Starboard Value Invests in Lamb Weston and Carmax
Activist hedge fund Starboard Value has taken new positions in food processor Lamb Weston (LW) and used auto retailer Carmax (KMX), each valued at around $258 million as of March 31. Both stocks saw gains during the first quarter, though their year-to-date performance diverges significantly.
Topics: activist investing regulatory filings stock positions