Activist hedge fund Elliott discloses stake in UK's Whitbread [Reuters]
Coca-Cola Company (The) (KO)
Last coca-cola company (the) earnings: 4/21 05:55 am
Check Earnings Report
US:NYSE Investor Relations:
coca-colacompany.com/investors
Company Research
Source: Reuters
Activist hedge fund Elliott discloses stake in UK's Whitbread - Reuters 2 Min Read (Reuters) - Premier Inn owner Whitbread ( WTB.L ) said on Friday activist investor Elliott Capital Advisors [ECAL.UL] disclosed a stake of below 5% in the company. The Sunday Telegraph reported in May that Elliott had become increasingly frustrated with Whitbread’s strategy of owning Premier Inn hotels outright and wants the company to offload chunks of its property portfolio. According to the report, the activist investor believes Whitbread’s strategy is “depressing” the company’s share price and is leaving it open to a cut-price hostile takeover. The company declined to comment further on Elliott's stake purchase, disclosed in a filing here Last August, Whitbread agreed to sell its almost 4,000 Costa coffee shops to Coca-Cola Co ( KO.N ) for $5.1 billion after pressure from hedge funds, including Elliott, which said the coffee chain was held back by being grouped with the Premier Inn hotel chain.
Show less
Read more
Impact Snapshot
Event Time:
KO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KO alerts
High impacting Coca-Cola Company (The) news events
Weekly update
A roundup of the hottest topics
KO
News
- BODYARMOR Takes the Ice as the Official Sports Drink of the National Hockey League and National Hockey League Players' Association [Yahoo! Finance]Yahoo! Finance
- Operation Homefront presents Cornerstone Awards to Federico Muyshondt, Ellen Myers, and Scott Nichols [Yahoo! Finance]Yahoo! Finance
- Operation Homefront presents Cornerstone Awards to Federico Muyshondt, Ellen Myers, and Scott NicholsPR Web
- Retail investors account for 35% of Coca-Cola HBC AG's (LON:CCH) ownership, while private companies account for 24% [Yahoo! Finance]Yahoo! Finance
- Is whole milk good for you? Here are the healthiest milk options, according to an expert [USA TODAY]USA TODAY
KO
Earnings
- 2/13/24 - Beat
KO
Sec Filings
- 4/11/24 - Form PX14A6G
- 4/10/24 - Form PX14A6G
- 4/3/24 - Form 4
- KO's page on the SEC website