Target stock jumps on activist stake report as investors eye next steps
NEW YORK, December 29, 2025, 00:41 ET — Market closed Target Corp shares last closed up 3.1% at $99.55, after the Financial Times reported activist investor Toms Capital Investment Management had taken a significant stake in the retailer. Google The report matters now because Target is trying to restart growth after a prolonged slump, and activist investors typically buy stakes…