Gap Rises 6% On Eddie Lampert Stake (GPS, SHLD)

In his latest 13-F filing, billionaire hedge fund manager and Chairman of Sears Holdings SHLD Eddie Lampert, disclosed a 5% stake in The Gap GPS. On the back of this disclosure, GPS shares have soared more than 6% and are trading at $22.80. The stock's valuation looks very attractive, but the company has been having trouble executing in recent quarters.