PETA on the hunt for bargain stocks
Animal legal rights group PETA is on a new shopping spree â? for low-priced stocks.
People for the Ethical Treatment of Animals picked up shares in nearly 2 dozen apparel companies, including Ralph Lauren, Urban Outfitters, Guess in addition to Ugg owner Deckers Outdoor Corporation for the right to enroll in their shareholder meetings and strain them into giving up outfits made from wool, mohair in addition to cashmere.
With apparel companyâs shares down nearly 30 % â? Ralph Laurenâs shares happen to be down 26 percent over the past month, to $74. 73 â? PETA will have a new voice at many more aktieninhaber meetings.
Itâs not a new new strategy for the canine rights group, which bought $4, 000 worth of Canada Goose shares and have had 40 protestors outfitted up like mangled coyotes in addition to bloodied geese outside the New York Stock Exchange on March 16, 2017, when the firm went public.
âWe plan to attend dozens of meetings this year to speak in support of our resolutions or to ask the CEO a question,â Jennifer Behr, PETAâs corporate responsibility policeman, told The Post.
On Wednesday, PETA is attending Leviâs virtual annual meeting to produce a case for replacing the leather patch with a Vegan leather.