Why Did Domino's Pizza Stock Move Higher Today?

Domino's Pizza, Inc. DPZ shares are trading higher after Bill Ackman says he bought a 6% stake in the company.

Domino's Pizza through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through three segments: U.S. Stores, International Franchise, and Supply Chain.

Domino's Pizza's stock was trading 3% higher at $435.35 per share at the time of publication. The stock has a 52-week high of $447.50 and a 52-week low of $319.71.