BUZZ-Monro recovers poise after activist investor Icahn discloses stake

Reuters

2025/11/05

** Shares of automotive services company Monro MNRO.O climb 18% to $18.06 premarket, after activist investor Carl Icahn reveals stake

** Stock on track to claw back some losses after last week's slide, when Q2 revenue miss triggered its sharpest intraday drop in nearly three months

** Carl Icahn's eponymous investment firm IEP.O discloses 14.79% stake in co, worth $67.8 mln based on MNRO's last close

** Icahn, veteran corporate raider, has history of pushing for change at companies he invests in

** MNRO has lost 38% YTD, as of last close

(Reporting by Niket Nishant in Bengaluru)

((Niket.Nishant@thomsonreuters.com))

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