Rubric Capital Management's significant stake in Xperi and their active push for board changes underscore a critical juncture for the company. If successful, the election of Rubric's nominees could lead to strategic and operational shifts aimed at addressing the highlighted issues of underperformance, excessive executive compensation, and poor capital allocation. This could positively impact investor sentiment and Xperi's stock price in the short term, as markets often react favorably to potential improvements in governance and strategic direction.