Long Term Returns of Scott Ferguson’s 5 Activist Targets

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1. Arconic Corporation (NYSE:ARNC

Activist Investment: 2023
Long Term Returns Since Ferguson’s Investment: 38%
S&P 500 Gain Since Ferguson’s Investment: 12.9%

Arconic Corporation (NYSE:ARNC) is a company that manufactures and sells fabricated aluminum sheet plates and architectural products and systems. The company functions through three divisions: Rolled Products, Building and Construction Systems, and Extrusion.

It is the latest company to attract interest from activist investor Sachem Head Capital, which has accrued a significant stake,

The activist investor has been pushing the aluminum maker to consider selling itself as one of the acts of unlocking value. There are reports that Apollo Global considered making an offer for the company in the region of about $27 and $28 a share in April of 2023.

Follow Arconic Corp (NYSE:ARNC)

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