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Vera Bradley’s stock also has gained since Fund 1 Investments’ interest has been made public. The local company’s shares closed Monday at $3.91, a 9% increase from Friday’s close of $3.60.

Vera Bradley (NASDAQ:VRA) can be a much more valuable company and return to its “winning ways” if the company were to be sold to a larger entity or to return to a privately-owned company ...

(RTTNews) - Fund 1 Investments, which owns about 10% of Vera Bradley (VRA) common stock, said in a letter to the company's board that it should begin considering strategic alternatives.

Vera Bradley Inc. is implementing an efficiency strategy that officials estimate will cut the company’s costs by about $20 million in its upcoming fiscal year, which ends in January 2026.