Latest Activist Situations: Axcelis Technologies

Since most hedge funds get paid based on their returns for the year, managers who do not want to underperform often turn to shareholder activism as a way to increase shareholder value and ultimately boost their returns.

Stockpickr tracks the latest activist situations so you can learn to piggy-back off of the best managers around. This week we focus on Axcelis Technologies (ACLS Quote).

Sterling Capital is suggesting to Axcelis Technologies that they sell off valuable assets and complete a share buyback in order to maximize shareholder value.

To read more, visit Stockpickr.com.