Published on 19 Aug 2024 on Insider Monkey · via Yahoo Finance
Activist Investor Starboard Value LP Plans to Improve Operations of Bloomin’...
We recently compiled a list of the Shake-Up Alert: 40 Companies Facing Activist Pressure. In this article, we are going to take a look at where Bloomin' Brands, Inc. (NASDAQ:BLMN) stands against the other companies facing activist pressure.
The equity market has been on a roll, rallying by 10% in the first half of 2024, adding to the 24% gain registered in 2024. Amid the gains, one would be mistaken to think activist investors would go slowly, given the bumper returns on offer. That is not the case, given that activist investors are becoming more active and bold in a push to squeeze optimum value in the equity markets.