|
Feb 17, 2026
|
|
LONG
|
Activist activity is surging. Elliott has a >10% stake in Norwegian Cruise Line (NCLH). Starboard is pushing TripAdvisor (TRIP) for a sale. Jana Partners is in Pfizer (PFE). Danaher (DHR) is acquiring Masimo (MASI). Activists (Elliott, Starboard) are aggressively pushing for immediate value unlocking via sales, splits, or operational overhauls. This historically creates a floor for the stock price and drives short-term upside as the market prices in M&A premiums. Long the activist targets (NCLH, TRIP, MASI). Deal talks fail; activists exit without forcing change. |
Bloomberg Markets
Open Interest 2/17/2026...
|