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0 0 0 0 0.0060704168352893 0.0060704168352893 0.0060704168352893 -0.0129502225819506
Stock impact report

Trump tariffs, economic uncertainty fuel more settlements between CEOs and activists [Yahoo! Finance]

Rapid7, Inc. (RPD) 
Last rapid7, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rapid7.com
Company Research Source: Yahoo! Finance
Behind the headlines, Yeti, the Austin, Texas-based maker of $300 coolers and $40 travel mugs, was facing another problem. Hedge fund Engaged Capital was pushing management to return cash to shareholders, expand into new geographies, and be more transparent with investors, according to people familiar with the talks. Those changes, the hedge fund forecast, could help Yeti shares triple over the next three years. Facing market volatility and questions over consumer demand, Yeti and Engaged announced a settlement that ended a potentially messy fight and lifted shares nearly 6% that day. Yeti did not respond to requests for comment. Peace at Yeti is part of a growing trend as corporations and their agitators decide to find common ground amid prospects of a tariff war, mass layoffs at U.S. government agencies and the increasing threat of a recession that is clouding the business outlook and weighing on stock prices, according to nearly a dozen investors, lawyers, bankers and analys Show less Read more
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