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Activist investor Starboard Value takes 7.7% stake in chipmaker Qorvo
Starboard Value has built a 7.7% stake in Qorvo, the chipmaker revealed in a filing on Friday, as the activist investor looks to boost the company's weak share price. Shares of the company rose over 8% in premarket trading.
Qorvo Shares Rise on Report of Activist Investor Stake Increase, Plans to Reboot Share Price
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 rose 7.3% higher in premarket trading at $78.99.
Activist fund's investment prompts attention to stock of Greensboro's Qorvo
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Starboard Builds Big Stake in Chip Maker Qorvo
The activist firm run by Jeff Smith owns a 7.7% stake in the chip maker that competes with the likes of Broadcom and Qualcomm.
Starboard builds 7.7% interest in Qorvo, WSJ reports
Activist investor Starboard Value has established a sizable stake in Qorvo (QRVO) and is seeking changes to bolster the company’s lagging stock
Starboard builds 7.7% stake in chipmaker Qorvo, WSJ reports
Activist investor Starboard Value has built a 7.7% stake in chipmaker Qorvo, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The stake, valued at around $500 million,
Qorvo Stock Soars as Starboard Value Takes Stake in Chipmaker
Key Takeaways Qorvo shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.A regulatory filing shows Starboard owns 7.
Qorvo Stock Jumps After Report Says Activist Starboard Builds Stake in Chip Maker
Activist investor Starboard Value has amassed a stake in chip maker Qorvo that’s worth half a billion dollars, according to a report from The Wall Street Journal. Starboard owns 7.7% of Qorvo, the Journal said,
9h
Qorvo (NASDAQ:QRVO) Shares Gap Up – Time to Buy?
Qorvo, Inc. (NASDAQ:QRVO – Get Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously ...
1d
Why Qorvo Rallied Double Digits Today
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 ...
2d
What's Going On With Qorvo Shares Friday?
Qorvo stock is moving higher on Friday following a Wall Street Journal report revealing that activist investor Starboard ...
10h
2,883 Shares in Qorvo, Inc. (NASDAQ:QRVO) Bought by Fifth Third Wealth Advisors LLC
Fifth Third Wealth Advisors LLC bought a new position in shares of Qorvo, Inc. (NASDAQ:QRVO – Free Report) in the fourth ...
2d
Qorvo (QRVO) Shares Skyrocket, What You Need To Know
Shares of communications chips maker Qorvo (NASDAQ: QRVO) jumped 11.9% in the morning session after activist investor, ...
2d
Qorvo price target lowered to $80 from $90 at Barclays
Barclays analyst Tom O’Malley lowered the firm’s price target on Qorvo (QRVO) to $80 from $90 and keeps an Equal Weight rating on the shares as ...
5d
Qorvo Inc. stock underperforms Monday when compared to competitors despite daily gains
Shares of Qorvo Inc. QRVO inched 0.31% higher to $71.91 Monday, on what proved to be an all-around favorable trading session ...
1d
Qorvo, Inc. (QRVO) Stock Forecasts
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