Activist investor JCP Investment Management has taken a 2% stake in The Cheesecake Factory (CAKE). According to the Wall Street Journal, JCP is urging the restaurant chain to spin off several of its smaller brands.

Catalysts hosts Seana Smith and Madison Mills report more on these developments.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Luke Carberry Mogan.