Bloomberg Businessweek. Ed Hammond. Feb 7, 2023
Big Tech and Big Pharma—and pretty much all large corporations, except for Big Oil—have lost value over the past year. It’s now less expensive for activists to amass meaningful stakes pretty quickly, and their fellow investors are more likely to listen to new ideas about getting the stock price back up. And, according to the activists, there’s been a lot of questionable corporate governance going on while they were taking a break.proposed nominees.