Callouts & quotes from 26,677+ activist slides

"We believe as little as 20% of Aerospace Products volume is true module-swapping work."

"Thus we think that the real FX spread for large volume contracts should be under 1.2%."

"Returning capital and addressing operational challenges would yield significant return"

"CXW addresses a total U.S. market that exceeds $65bn, of which only ~8% is outsourced."

"Historically, inmate populations in the U.S. have grown regardless of economic factors"

"Rebuild investor trust through a near-term cancelation of KRW 2.8tr of treasury shares"

"Rebuild investor trust through a near-term cancelation of KRW 2.8tr of treasury shares"

"We believe that a good time to buy a great business is when it is in temporary trouble"

"Electric vehicles. We don’t know which brand will win, but we do know they are coming."

"They should beat consensus, which hasn't adjusted to recent commodity price increases."

"R&D spend at ACMR and other Chinese WFE players is in line with that of Western peers."

"We believe Autodesk can meaningfully improve its combination of growth + profitability"

"Autodesk's quality of earnings is subpar and a point of frustration among shareholders"

"Incremental margins are expected to be BELOW Autodesk's adj. operating margin targets!"

"At least 500bps of S&M cost savings (~$275mm) and 300bps of G&A cost savings (~$165mm)"

"At least 500bps of S&M cost savings (~$275mm) and 300bps of G&A cost savings (~$165mm)"

"The ADP Board Is Committed to Evaluating Every Decision With a Shareholder Perspective"

"How has POET managed to only make $2.3 million since 2020 while raising ~$538 million?"

"We think that the equity market will follow the credit market and re-rate the company."

"And had it not capitalized all these expenses, margins would have fallen even further."

"Accounting for lower sales expectations highlights the lofty multiples paid by Pfizer."

"Omnia merely caters to Nevro users who turned away versus expanding the company's base"

"The former employee alleges that Ströer reported the misstated numbers in its filings."

"While cash hoarding is prevalent in the tech industry, it isn't practiced universally."

"Investing in FBHS is a low-risk way to profit from an eventual housing market recovery"

"We believe Dow Jones is a high-quality business and should garner a premium valuation."

"Zillow has lost all credibility in the eyes of brokers in the national housing market."

"Despite claims of success, Phillips has not closed any of the profitability gap to VLO"

"AV companies likely to partner with Uber over time due to its strong value proposition"

"These facts concern us because Mr. Kimelman was a key promoter of the Estelle Project."

"everything at this company feels like a big secret, and it’s really weird and sketchy."

"everything at this company feels like a big secret, and it’s really weird and sketchy."

"The IR page and presentations appear to have had no shortage of photos of Macchiarini."

"Significant operational and financial improvements in both businesses since separation"

"To both Microsoft and OpenAI, CoreWeave is not a strategic partner, but a placeholder."

"Why does the Board think FirstGroup's stock has consistently underperformed its peers?"

"Lowe’s is a high-quality business with significant long-term earnings growth potential"

"How Long Can A Company With a Narrow Product Line Outperform The Entire Retail Sector?"

"We believe Dow Jones is a high-quality business and should garner a premium valuation."

"Sony also trades at a meaningful discount to major peers in all of its core businesses"

"By 2021, streaming will account for ~60-65% of recorded music revenue for all 3 labels"

"Sony's listed stakes, which total ~$12bn at market, should be reviewed for divestiture"

"Diabetes is a serious side effect and undermines the point of the drug in PWS patients"

"~35% total IRR over first 2.5 years through value creation at SnacksCo and BeveragesCo"

"This calculation yields a fictional number of hours the Distributor supposedly worked."

"If you wish to submit a question, please email it to questions@factsaboutherbalife.com"

"BOOT made no mention in its SEC filings of worker layoffs, severance or restructuring."

"NVDA's stock price is near an all time high and short interest is near an all time low"

"Basically, in both relationships, United and Delta, this has reached a maturity level."

"We believe that a good time to buy a great business is when it is in temporary trouble"

"Is this a sign that the company is about to throw in the towel and declare bankruptcy?"

"We believe that a good time to buy a great business is when it is in temporary trouble"

"Pioneering the Art of Responsible Hospitality, Connecting Cultures with Heartfelt Care"

"Pioneering the Art of Responsible Hospitality, Connecting Cultures with Heartfelt Care"

"Pioneering the Art of Responsible Hospitality, Connecting Cultures with Heartfelt Care"

"Pioneering the Art of Responsible Hospitality, Connecting Cultures with Heartfelt Care"

"NOMD stock has declined 21% from our average cost announcement date to April 21, 2016*"

"Spruce Point believes that Enfusion's core problems are rooted in growing competition."

"TSMC is still relying mostly on traditional KLA tools, not Lasertec actinic inspection"

"MDLZ stock increased 8% from our average cost at announcement date to April 21, 2016*"