The Works activist investor hits back at retailer’s ‘absurd’ claims

The activist investor seeking to gain a seat on the board at The Works has hit back at the discount retailer’s “absurd” claims the move would undermine its growth plans. Kelso, an activist investor, has criticised the AIM-listed retailer for urging shareholders to block its attempt to install retired private equity par

Shares in Lionsgate extended their losses Wednesday after an activist investor expressed restlessness with the company’s stance on AI. On above-average trading volume, the stock ended the day at $11.73, down 1% to its lowest level since April. It fell 4% on Tuesday when news of the activist’s agenda first surfaced. The

Anson Funds wrote a letter to the 'Michael' studio's board of directors calling for an AI pivot or "for sale" sign to avoid becoming an “AI casualty.”