Latest Activist Situations: Axcelis Technologies

Stockpickr Staff

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).

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.

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