Clinton Group Accumulates 7.2% Stake in Sharper Image (SHRP)
In a pretty standard disclosure, the firm did not make any direct requests on the company, but said they will monitor their investment and may enter discussions with management, the Board of Directors or others.
Sharper Image has been a struggling retailer for some time. The stock is down 64% YTD and 82% over the last 5 years.
About 31% of the float is short.