The Traderszone Network

Published in TZ Latest News 15 November, 2016 by The TZ Newswire Staff

This Big Activist Investor Just Bought Shares of Twitter

Shares of Twitter (NYSE: TWTR) rose 3% on Nov. 14 after activist hedge fund Jana Partners revealed a new 2.95 million share stake in the struggling social network. The $56 million stake accounts for just 0.4% of Twitter’s outstanding shares, but Jana is known for slowly building big positions to force big changes.

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Image source: Getty Images.

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