Average Cost: $70.92 Activist Commentary: Starboard is a very successful activist investor and has extensive experience ...
Activist investor Starboard Value has acquired a 7.7% stake in Qorvo, a NASDAQ-listed maker of radio frequency and power semiconductors. The acquisition comes as Qorvo grapples with stiff ...
Piper Sandler upgraded Qorvo to Overweight, citing potential for operational and capital efficiencies with involvement from Starboard Value.
However, one-year post-transaction the newly-formed Qorvo was down 27.7%. For functionally a decade, from merger completion to the day prior to Starboard Value disclosing its 7.71% stake ...