Activist Investors Shake the Tree

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 18 October 2022

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you'd like to see tech stocks turn around, some activist investors feel the same way. They just have some more fire power. (0:21) Deidre Woollard and Asit Sharma discuss: - Starboard Value's recent stakes in Splunk and Salesforce. - Dan Loeb's push for a spinoff at Colgate-Palmolive. - Layoffs at Microsoft. Plus, Robert Brokamp and Matt Frankel (14:06) discuss how your home fits into a financial plan. Companies discussed: CRM, MSFT, CL, SPLK, GIS, INTC Host: Deidre Woollard Guest: Asit Sharma, Robert Brokamp, Matt Frankel Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Activist investors are getting busy and more tech companies are getting layoff notices
0:09.2	ready.
0:10.2	You're listening to Motley Fool Money.
0:21.2	Welcome Motley Fool Money.
0:22.2	Today we're looking at the impact of activist investors amid a tech slowdown.
0:26.4	I'm DJ Woolert sitting in for Chris Hill and I'm joined by Motley Fool Senior and
0:29.7	analyst at Sharmoff.
0:30.7	Hi, Asset.
0:31.7	Hey, DJ.
0:32.7	How's it going?
0:33.7	Going great.
0:34.7	So we're in the midst of this busy earnings week, sort of kicked off last week and so far
0:39.2	so good.
0:40.2	Tendatively optimist.
0:41.2	I'm just curious about a decent week in the stock market.
0:44.6	But amid all of that, we've got this activist investor who's kind of stealing the spotlight
0:48.4	today.
0:49.4	Jeff Smith, he's the founder of a company called Starboard Value and he announced the company
0:53.6	has taken stakes in both sales force and Splunk.
0:57.4	Starboard Value manages billions in assets.
1:00.3	So why is it news when an activist like this steps in?
1:03.9	When an activist of this capability and track record steps in, it's news because you know
	...

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