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Stock impact report

BP Stock Jumps. Activist Elliott Raises Stake Above This Key Level. [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
its stake in the company had grown to just more than 5%. Elliott's investment had been reported before, but on Tuesday evening the size was revealed for the first time in a regulatory filing with the London Stock Exchange The hedge fund, led by founder Paul Singer, is now one of the largest holders. BP CEO Murray Auchincloss is focusing the business on oil and gas projects, rather than the less-profitable renewable energy that had become a key part of the company's strategy since 2020. Show less Read more
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