Futu News reported on March 26, US stocks$3B Home (BBBY.US) $After the market opened, it soared. At the time of press release, 3B Home's stock price had risen 28%, which is expected to record the biggest one-day increase since April 2009. To the surprise of most people, this surge was not due to an improvement in the company's performance, but to an agency dispute initiated by fund investors against management.

According to the Wall Street Journal, the three funds that hold nearly 5% of 3B Home's shares are trying to replace the board of directors composed of 12 directors, including Steven Temares, who has been CEO since 2003.

The dissatisfaction of these three funds is that in the context of more and more online purchases, 3B Home has been slow to keep up with the trend and allowed costs to increase, which has led to a gradual decline in profit margins over the past few years. At the same time, these three funds also hope that the retailer can strengthen product management and sell some non-core businesses in the future so that it can better focus on profitable business.

3B Home is a retail company that sells home furnishings, including sheets, household goods, bathroom supplies, etc. The company was founded in 1971 and has nearly a thousand stores in North America. However, some analysts said that during a visit to 3B Home, they found that many of them were dirty and messy, yet management has been slow to invest in stores. This is also the reason why many investors are dissatisfied.