Why Shares of Lear Corporation Were Trading Higher On Tuesday

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Shares of
Lear CorporationLEA
were trading higher by nearly five percent Tuesday morning after activist investment firm Marcato Capital is reportedly pushing the company to split. CNBC's Kate Kelly
tweeted
that Marcato Capital wants the company to separate its electrical and seating business units in order to improve its stock performance. At the same time, Marcato Capital is also pushing the company to initiate a share buyback program.
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Posted In: NewsActvist InvestorCNBCKate Kellylear corporationMarcato Capital
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