Published: Tue 17 Oct 2023

Allstate stock should continue climbing if Trian is along for the ride

Allstate’s share price rose as much as 6 percent yesterday following a report by Reuters that Nelson Peltz's activist hedge fund Trian Fund Management has built a stake in the US auto/homeowners heavyweight.

Insurance

Allstate

Shareholder Activism

Share price

US / Americas

Published: Tue 17 Oct 2023

Allstate estimates $286mn October cat losses as Helene hit upped by $144mn

Allstate stock should continue climbing if Trian is along for the ride

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