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74% Informative
Activist investor Barington Capital revealed Monday it had a position in Macy 's.
It's the fourth activist push at the struggling department store in the last decade .
Macy 's shares were up roughly 3% on the news in premarket trading.
The activist believes Macy 's can cut more from its inventory and sales and administrative costs.
VR Score
83
Informative language
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61
Article tone
informal
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English
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51
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short-lived
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