Eastern Bankshares gains on report activist takes stake, pushes for sale (EBC:NASDAQ)

Core Viewpoint - Eastern Bankshares (NASDAQ:EBC) experienced a 3% increase in stock price following news that activist investor HoldCo Asset Management has acquired a 3% stake in the company and is advocating for a potential sale [4] Company Summary - HoldCo Asset Management has built a 3% stake in Eastern Bankshares [4] - The involvement of HoldCo is aimed at pushing the company towards pursuing a sale [4] Market Reaction - The stock price of Eastern Bankshares rose by 3% in response to the news of HoldCo's investment and intentions [4]