Engine Capital’s move on multinational is latest effort to target sprawling conglomerate structure

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Activist investor Starboard Value takes 7.7% stake in chipmaker Qorvo

:Starboard Value has built a 7.7 per cent stake in Qorvo, the chipmaker revealed in a filing on Friday, as the activist investor looks to boost the company's weak share price.Shares of the company rose over 8 per cent in premarket trading. The Apple supplier has been grappling with stiff competition an

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Activist investor Starboard Value LP has reportedly acquired a 7.7% stake worth approximately $500 million in Qorvo Inc. on Thursday, targeting the struggling semiconductor manufacturer for potential operational changes.

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Qorvo Soars 7% After Hours As Activist Investor Starboard Reportedly Takes Stake In Semiconductor Company - Broadcom (NASDAQ:AVGO), Kenvue (NYSE:KVUE)

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Activist investor urges UK’s Smiths Group to explore break-up

Acquisition rumors, bullish analyst commentary, and activist positions are buoying chip stocks on Friday....

sherwood.news

Chip stocks surge across the board on acquisition reports, activist stakes, and analyst commentary

Chipmaker Qorvo Inc. (QRVO) saw a significant boost in its stock price, jumping over 7% to $78.84 in after-hours trading on Thursday. This surge follows a report by The Wall Street Journal stating that activist investor Starboard Value has acquired a 7.7% stake in Qorvo, which amounts to roughly $500…

Wall Street Pit

Starboard Value Takes a Big Bite: Major Stake in Chip Maker Qorvo Revealed - Wall Street Pit

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Activist investor urges UK’s Smiths Group to explore break-up

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