Texas Instruments shares are trading higher following a report indicating Elliott has taken a $2.5 billion stake in the company.
Portfolio Pulse from Benzinga Newsdesk
Texas Instruments shares are trading higher following a report indicating Elliott has taken a $2.5 billion stake in the company.
May 28, 2024 | 1:08 pm
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Texas Instruments shares are trading higher following a report indicating Elliott has taken a $2.5 billion stake in the company.
The acquisition of a significant stake by Elliott is likely to be seen as a vote of confidence in Texas Instruments, potentially driving the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100