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Ralph Lauren Shares Are Jumping. What’s Going On?

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Shares of Ralph Lauren on Friday saw heavy trading on the Big Board as talk of a takeover titillated the Twittersphere. After opening at $106.91, shares reached a high of $112.89 in intraday trading, with nearly 1.25 million shares changing hands, outpacing the average three-month volume of 1.5 million. The action seems to stem from…

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