Carl Icahn,a major institutional investor who has had public battles with the management of firms such as Netflix and Apple,is considered which type of activist investor?

Question

Quizplus · Accepted Answer

Carl Icahn is considered a professional activist investor because he acquires a significant stake in a company and then pressures the management to make operational or strategic changes to unlock shareholder value. He uses his influence as a major shareholder to push for changes such as share buybacks, dividends, or spin-offs to increase profits for investors. This is different from impact investors who prioritize social or environmental goals, social activists who focus on specific causes or issues, or takeover activists who aim to acquire and control a target company.

Carl Icahn,a Major Institutional Investor Who Has Had Public Battles