Billionaire Activist Investor Paul Singer Takes Profits and Rolls It Into These 3 Unexpected StocksElliott Investment Management has expanded its activist strategies targeting larger companies, driven by increased assets under management.In Q3 2024, Elliott divested from Marathon Petroleum to increase its investment in Southwest Airlines.
Starbucks--What Good Things Happen to a Bad CompanyStarbucks faced a 3% drop in comparable store sales, leading to pressure from aggressive investor Paul Singer to shake up the company's leadership and operations.