) worth up to $1.9 billion. Yahoo Finance's Market Domination team breaks down Elliott's note and its plans it may have for Southwest's leadership as it hopes to turn the stock around.Activist Elliott Investment Management has built a stake of nearly $2 billion in Southwest Airlines, the firm planning to push for leadership changes at the airline that has lagged rivals.Tough statement by Elliott They really go after management here.
Uh, say they have presided over a period of severe underperformance, that they're not up to the task of Modernising the airline and that they are you.And that would that would represent, of course, big upside here, Julie. If you look at the challenges now that Elliott highlights, but you know the market is well aware of as well.
So all of that adding up to this case that Elliott is making yeah, in terms of what happens next to it's an activist who usually would think, OK, you know, M and a divestitures, Um, but interesting.So clearly early days here and yeah, well, and the company is kind of saying that they are willing to hear what Elliott has to chat.The social media platform owned by former President Donald Trump has a new auditor after its last one faced regulatory scrutiny.
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