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FRPT shares dropped 1% in the extended session Tuesday after the pet-food company fired the latest volley in its battle with activist investor Jana Partners. Freshpet Inc. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
In other words, investors prioritizing strict fiduciaryduty could focus on ESG information in an effort to make better investment decisions; if other stakeholders are interested in sustainable development, that’s also a win. But ESG information is just that: information.
Think of these guys that we work with as, I don’t know, the biggest franchise owners of, you know, those fast food chains in the space. We love, but at the end of the day, They have a fiduciaryduty to their LPs to hire the best person. WEINSTEIN: We love diversity.
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