Pacific Sunwear Hot
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ANAHEIM — Pacific Sunwear of California Inc. continues to attract investment groups.
Zweig-DiMenna Partners and its affiliates have acquired a 5.6% stake in the casual apparel retailer, according to a report filed Monday with the Securities and Exchange Commission. The investors acquired 453,900 common shares as an investment.
The group’s most recent transactions include the net purchase of 57,900 shares at $21.23 to $26.62 each between Nov. 1 and last Thursday, according to the SEC filing.
In November, investment partnerships affiliated with Jeffrey Vinik acquired a 9.6% stake in Pacific Sunwear, which was the top performer last year among Orange County stocks, surging 329.2%.
The stock closed Monday at $23.375, down 62.5 cents per share.
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