Qorvo Stock Jumps After Activist Starboard Builds Stake in Chip Maker
Shares of chipmaker Qorvo (NASDAQ: QRVO) rallied 13.4% on Friday, as of 1:55 p.m. ET. Qorvo soared on the news that an activist investor had taken a sizable stake in the company. Given that the stock is down about 29% in the last year and activist involvement could lead to shareholder-friendly moves, Qorvo rallied on the news.
Qorvo stock is moving higher on Friday following a Wall Street Journal report revealing that activist investor Starboard ...
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U.S. stock indexes are tacking on some more gains as they head toward the close of their best week in two months. The S&P 500 ...
Qorvo shares rose in early trading Friday after a Wall Street Journal report found that activist investor Starboard Value has built a big stake in the chip maker and is looking to push for changes.
Shares of communications chips maker Qorvo (NASDAQ: QRVO) jumped 11.9% in the morning session after activist investor, ...
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