NEW YORK (Reuters) - Enad Global 7 AB's stock price jumped 5% on Monday after U.S. activist investor Alta Fox urged the Swedish video game company to .
Daktronics announced it has enhanced its financial position by closing on a new 3-year $75 million senior secured credit facility (the “New Senior Debt Facility”) with JPMorgan Chase maturing on May 11, 2026. In addition, Daktronics announced it has closed a $25 million convertible debt financing agreement (the “Junior Capital Financing”) with.
Daktronics (DAKT) Announces $100M in Capital Commitments streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
After a vicious drubbing in 2022 that led to growth and technology stocks sometimes bleeding as much as half of their value on the stock market, 2023 appears to be off to a good start.
It’s astonishing how quickly an activist investor with barely a 10 per cent stake can turn a company’s strategy, board and management team on its head.