Exclusive: Activist investor Starboard Value has built an over 9% stake in Tripadvisor after the online travel-review company eschewed takeover offers in the past year https://t.co/tRegEVcLdK ...

Lamb Weston shares were among the S&P 500's worst performers to start the week as investors learned that they activist investors pushing for change at the fry company may have delivered less than hoped for. https://t.co/oWDr9njUdL ...

The US Supreme Court will consider whether activist investors can use an 85-year-old law to challenge corporate moves bolstering controlling shareholders https://t.co/nzLLwChlye ...

Wegovy and Ozempic maker Novo Nordisk (NVO 1.11%) saw its stock price tick up slightly on Monday, on a media report about the possible entry of an activist investor. Market players cautiously bid the shares a little more than 1% higher on the news. Although this wasn't a giant gain, it was sufficient to top the S&P 500 index's basically flat-line performance. An active activistCiting unnamed "people with knowledge of the details," the Financial Times reported Monday that London-based activist hedge fund Par ...

Leadership Changes - Tinder's CEO Faye Iosotaluno is stepping down in July after less than two years in the role, amid challenges in user growth and pressure from activist investors [1][4] - Match Group's CEO Spencer Rascoff will temporarily lead Tinder and has not named a replacement for Iosotaluno [4][5] Activist Investor Influence - Activist investors, including Elliott Management, Starboard Value, and Anson Funds, have acquired significant stakes in Match Group, prompting calls for cost-cutting and margin improvements [6][8] - Match Group signed an agreement with Elliott Management after the activist firm reportedly purchased a $1 billion stake in the company [6] Company Strategy and Performance - Rascoff has initiated a turnaround strategy, including a 13% workforce reduction, primarily affecting Tinder [7] - Iosotaluno previously indicated that Tinder would not return to revenue growth until 2027, while Rascoff expressed optimism about recent product momentum [11] - Tinder is testing new features, such as double-dating options and an AI "wingman" prototype to enhance user engagement [11][12]