Activist Elliott grows stake in Equinix, holds talks with company
1. Elliott Investment Management has increased its stake in Equinix recently. 2. This follows a decline in Equinix's stock price last month.
FAQ
Why Bullish?
Elliott's activism often indicates potential for stock appreciation, previously seen in similar cases, like their gains from SunTrust and Cigna.
How important is it?
Increased stake by an activist investor typically signals potential corporate changes that can boost stock value.
Why Short Term?
The immediate market reaction may favor an increase due to the activist investor's involvement.