- Macellum nominates four members for the board at Citi Trends (NASDAQ:CTRN -0.9%). The firm again expresses its concerns over Citi Trend's long period of underperformance and is convinved shares could double with the right leadership.
- Citi Trends disputes the views of Macellum, while offering to appoint an independent director not affiliated with Macellum.
- Citi Trends has a board meeting scheduled for May 24.
Macellum dials up the heat on Citi Trends
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Symbol | Last Price | % Chg |
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CTRN | - | - |
Citi Trends, Inc. |