Closing Bell Overtime: Let it Ride or Ring the Register? 1/23/23
Closing Bell
00:00
What's Driving the Activist Activity in the Stocks?
The big companies you're seeing right now are trying to right size their business models for a slowing growth environment. When there's multiple activists in the company can basically choose which one they want to put on the board. Most of them all would like to have a board seat and it's hard to really run a proxy fight against the company that just put an activist on theBoard. Tech is ripe for activism more so than other stocks in other sectors but not as much as years ago. The next long-term bull market will be earnings driven unfortunately that's not until 24.
Play episode from 33:17
Transcript
