Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

I'm your host Christine Harajus and it's February 22nd.

Calling in full HQ in Alexandria, Virginia Virginia is the health care expert Todd Campbell.

How are you, Todd? What's new?

Hi, Christine, how are you today?

I'm doing great.

So we have a exciting show today.

The first half of it is about a company that we actually just

talked about last week which is Bristol-Myers Squibb, but this week we have a totally

different reason for talking about them. News dropped yesterday that billionaire activist investor Carl ICON took a stake in the company.

Yeah, we don't know how big a stake that hasn't been announced yet, but usually when he goes he goes

big. Yes, it's presumably a sizable steak because as an activist investor he is

joining on to make a difference in this company.

He's well known for having shareholder value in mind

and acquiring big stakes of companies

and pushing for change to maximize shareholder

value, which you just can't do if your stake is a small amount.

Right, I think that a lot of our listeners, they're going to know the name Carl icon in I think that most

everybody knows that he's rich right yeah he's worth what 20 billion yeah

I was gonna do a guessing game you jumped in there a little too quick.

Sorry, Dad.

No worries.

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