Pentair PLC. (PNR) jumps on Trian stake

Pentair PLC. (NYSE: PNR) was moving 5.2% higher to $67.80 after news that activist-investment firm Trian Fund Management has taken a 7.2% stake in the valve-and-pump maker and is urging it to get bigger, according to The Wall Street Journal. Share volume was 678,000, compared to an all-day average of 351,000