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TikTok Lawsuit, Reddit's Debut Earnings, and the 4-Day Work Week
Pivot
Unforeseen Volatility and Activist Investor Influence
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The stock market saw a surprising 11% drop in a usually stable stock due to unforeseen factors such as market focus on streaming losses and decreased performance expectations for theme parks. This unexpected turn may lead to the intervention of an activist investor aiming for a board seat if the stock continues underperforming, following a pattern where activists initially lose but gain board seats if the stock doesn't recover within a year.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode