“Investors should not assume they have ‘seen everything’” That was from executives at leading hedge fund Elliott Management, who warned that the world is heading towards the worst financial crisis Read more
Tag: Elliott
PayPal earnings mark ‘pivot point’ for stock as cost cuts, Elliott investment are well received
PayPal Holdings Inc. shares have fallen out of favor with investors this year after a string of resets, but the payment giant’s management team is looking to flip the script Read more
PayPal stock jumps 12% as company confirms Elliott stake and names EA exec as new CFO amid earnings beat
After seeing its shares lose roughly two-thirds of their value in the past year, PayPal Holdings Inc. delivered a packed earnings report Tuesday, announcing a new chief financial officer, buyback Read more
Pinterest stock jumps 20% after Elliott confirms stake; earnings miss but users stick around
Pinterest Inc. missed expectations for earnings and guided for revenue lower than analysts expected in the current quarter, but shares still spiked in after-hours trading as users stuck around, and Read more
Here’s what activists at Elliott Management could target at PayPal
After a rough start to the year, PayPal Holdings Inc. reportedly has caught the attention of activists in a development that’s offering some welcome relief for its beleaguered stock. The Read more
Activist investor Elliott Management takes stake in PayPal
Activist investor Elliott Management Corp. has a stake in PayPal Holdings Inc., according to people familiar with the matter. The size of Elliott’s stake and its intentions couldn’t be learned. PayPal has Read more
Activist investor Elliott takes big stake in Pinterest amid turmoil
Activist investor Elliott Management Corp. has taken a big stake in Pinterest Inc., according to people familiar with the matter, as the once-hot social-media company grapples with a decline in users Read more