Petmed Express Inc (PETS) Shares Are Still Down 8.2%

Bradley Radoff and Joshua Schechter, two investors who make a habit of working together on activist campaigns, have a long familiarity with Omega Protein, a $373 million market cap producer of protein for both humans and animals. Indeed, the pair were significant investors two years ago – before Wynnefield Capital began a campaign that led to it winning two board seats in a proxy fight last year. On Monday, Radoff and Schechter re-emerged after a long period either below the reporting threshold or out of the stock, announcing that they had hired an investment bank specializing in the seafood industry and would push for a sale of the company or capital allocation changes. Six months ago, Omega Protein said...