Pep Boys Rises After WSJ Reports Buyers Evaluating Retailer
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Pep Boys - Manny Moe & Jack surged the most in three years after the Wall Street Journal reported that the auto-parts retailer and repair shop is being evaluated by potential acquirers.
The shares closed at $10.75 with a 16 percent gain, the biggest since January 2012. Pep Boys rose 9.5 percent this year through Wednesday.