BP Stock Jumps

BP Earnings Hit 4-Year Low. How the Elliott Stake Is Affecting the Stock.
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
BP shares climb on prospect Elliott stake will drive change
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press for board changes and strategy shifts to boost returns.
BP Stock Jumps as Elliott Reportedly Builds Stake
BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking to make changes.
BP Stock Rises Premarket On Reports Of Activist Investor Elliott Taking A Stake: Retail’s Bullish
BP Plc (BP) stock rose 6.7% in premarket trade on Monday and remained on track to open at its highest since August, on reports that Elliott Investment Management has built a stake in the oil major. Bloomberg News reported on Saturday that Elliott’s stake in BP was “significant” and that the activist investor believed that BP is ‘significantly undervalued and its performance is disappointing.
BP shares hit highest since August on news of Elliott stake
Shares in BP rose by 7% to their highest since August in early trade on Monday, after investor Elliott Management built a stake in the energy major it is expected to use to press for change in strategy and to the board.
BP shares surge as activist investor Elliott builds stake
BP (NYSE:BP) +6.7% pre-market Monday, poised to open at its highest since August, after activist investor Elliot Management was reported to have taken a significant stake in the company. Elliott believes BP (NYSE:BP) is significantly undervalued and is seeking to boost shareholder value by pushing the company to consider "transformative measures"
BP shares jumped 8% after renowned activist investor Elliott took a stake in the energy giant
Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant change.
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BP shares pop 8% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...