Family Dollar Stores (FDO) announced Monday morning that it has adopted one-year shareholder rights plan. Activist investor Carl Icahn disclosed Friday that his company Icahn Capital LP has acquired stake of about 9.4 percent in Family Dollar.
Family Dollar Stores gapped open sharply higher Monday and climbed in early trade, before settling into a range. Shares finished with a gain of 8.09 at $68.62 on the highest volume of the year. The stock jumped to a 6-month high.
For comments and feedback contact: editorial@rttnews.com
Business News
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.