Feared Activist Hedge Fund Engine No. 1 Pressures Exxon Mobil Corporation (XOM)

Feared Activist Hedge Fund Engine No. 1 Pressures Exxon Mobil Corporation (XOM)

Engine No. 1, a relatively small activist hedge fund, made waves in 2021 by securing board seats at Exxon Mobil despite its small stake. The fund emphasizes AI stocks for higher returns. This contrasts with traditional activism tactics.

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