Callouts & quotes from 26,677+ activist slides

"NKE’s share price including dividends has increased 29% from our average cost to January 19, 2018"

"PAH’s share price has increased 13% from its IPO on the London Stock Exchange to January 19, 2018"

"VRX’s share price has declined 93% from our average cost at announcement through January 20, 2017"

"We are currently Chipotle's second largest shareholder with a ~10% ownership stake in the company"

"We dare to ask: Is WUBA manipulating the market price of its stock through a bogus buy-out offer?"

"Хотел бы уточнить о возможности размещения четырех сирот из ДНР в вашем отеле 22-27 марта 2026 г."

"Хотел бы уточнить о возможности размещения четырех сирот из ДНР в вашем отеле 22-27 марта 2026 г."

"Laut dem eigenen "Adjusted EBITDA" von HelloFresh lagen die RTE-Margen im Jahr 2024 bei nur 1,6%."

"This implies a price of RMB1.5 million per unit, 1/100th of the price from the February contract."

"In FY24, Disney is expected to have ~90% of Netflix's current LTM revenue... but still lose money"

"The executive was clear that its only use case is as a niche R&D tool: “it’s not for production.”"

"Ferguson is predominantly a North American business (currently ~95% of EBITDA from North America)"

"Even so, the P/E is just 7x on what we and management believe to be cyclically depressed results."

"Although near silence might seem attractive now, it will likely destroy value over the long-term."

"We are short NNOX because we think it is a much bigger piece of garbage than Nikola will ever be."

"Former employees express concerns that product development is not the Company's core competency."

"Ex. COVID: The Company has missed consensus expectations 7 out of 14 quarters — 50% Success Rate"

"We question the independence given the direct linkages to Scott Peter's past corporate failures."

"However, at the very least, Spear's actions seem to have violated the Blackstone Code of Ethics."

"APD's share price increased by 57% including dividends since inception of our initial investment"

"Southwest has substantially underperformed peers and the S&P 500 over all relevant time periods."

"WTRG Makes News, But For The Wrong Reasons: The Public Is Speaking, Are Its Investors Tone Deaf?"

"The FTC is investing 135 complaints tied to Generac’s partner Powerhome Solar (dba Pink Energy)."

"Seven months later, on August 29, 2012, WCT Resources flipped those specific leases to SandRidge"

"Adjusting KMX profitability for CAF income, Carvana's potential upside appears much more modest."

"However, management is reluctant to discuss the source of the non-Ally funding behind the trust."

"The traditional pharmaceutical company’s products are not durable, and growth is not predictable"

"In our opinion, we do not believe the market is accurately evaluating XPO's diluted share count."

"XPO's Board lacks experienced operating executives in the transportation and logistics industry."

"Significant underperformance (CCI +9.1%) compared to AMT (+24.7%) and SBAC (+33.0%) in last year"

"Facing bankruptcy can force change. Peloton has started to right-size and cash burn has stopped."

"JFT's HK$1.5 Billion Valuation is a Farce, and is Based on a Reality-Independent Financial Model"

"ADP is still largely a processing company today, not an innovative software & technology company"

"We Believe Autodesk’s FY2026 Guidance Does Not Make Sense in Light of the 9% Workforce Reduction"

"The incumbent nominees have in fact been at the center of Darden’s egregious business practices."

"Brinker’s turnaround drove a 330 basis point improvement in overall margins from FY 2010 – 2013."

"There is a company-wide problem at Darden as it relates to alcohol sales. This must be improved!"

"FDO remains under leveraged. A leveraged buy back would create meaningful value for shareholders"

"News Corp owns 61% of REA Group, a market leading business with an attractive financial profile."

"We believe separating the Digital Real Estate Assets will unlock substantial value at News Corp."

"Based on these suits, Lin seems more likely to be seen as a huckster than as J. Pierpont Morgan."

"VW indicated strong concern that QS test cells aren’t even in the required dimensions for a car."

"Anyone can “prevent” dendrites with pulsing but it’s not how batteries operate in the real-world"

"If you plot the data like this, that means they don't want us to see the statistical variations."

"FY19: DXCM management STOPS REPORTING PATIENT BASE GROWTH just as U.S. T1 adoption inflects down"

"Abbott has the capacity to cut prices to a point at which Dexcom's economics would be devastated"

"FY19: DXCM management STOPS REPORTING PATIENT BASE GROWTH just as U.S. T1 adoption inflects down"

"The Mexico turnkey contract therefore likely generates over half of OSIS's total company EBITDA."

"The traditional pharmaceutical company’s products are not durable, and growth is not predictable"

"Pulmonary vein isolation (PVI) remains the mainstay of catheter ablation in the treatment of AF."

"We believe Fluor has materially reduced its risk profile and positioned the business for success"

"Under the incumbent Board, McDonald's is a laggard – not a leader – on ESG compared to its peers"

"Averaging these two methodologies yields a $35 per share price target representing 55% downside."

"Averaging these two methodologies yields a $35 per share price target representing 55% downside."

"BOOT has significantly reduced sales guidance for new stores from $4M to $3M+ in just two years."

"Huntsman made new promises at three consecutive investor days, and each time, failed to deliver."

"The incumbent nominees have in fact been at the center of Darden’s egregious business practices."

"Brinker's turnaround drove a 330 basis point improvement in overall margins from FY 2010 – 2013."

"Southwest has substantially underperformed peers and the S&P 500 over all relevant time periods."

"Ultimately GMCR issued 10.1 million shares in the offering, raising $689 million on May 11, 2011"