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Designer Brands Stock Pops Following Insider Buying Activity

Designer Brands Stock Pops Following Insider Buying Activity

The stock of footwear retailer Designer Brands (NYSE: DBI) is having a good week. Jay Schottenstein is Designer Brands' executive chairman, and he's apparently a fan of the stock right now. According to filings with the Securities and Exchange Commission, Schottenstein indirectly purchased almost 1.5 million shares through Jubilee Limited Partnership.