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Stock impact report

Activist Investor, Pulte, Calls for Virtu Financial to Be Sold [Yahoo! Finance]

Virtu Financial, Inc. - Class A (VIRT) 
Last virtu financial, inc. - class a earnings: 2/11 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
of one of the nation's largest homebuilders PulteGroup, is calling upon Virtu Financial to sell itself to either a third-party private equity firm or to another public company. William J. Pulte , Chairman of The Pulte Family Office, stated: (PRNewsfoto/The Pulte Family) "After significant review and attempts to work with management constructively, it appears to us that current CEO Doug Cifu is not focused on building a materially bigger business and spends precious time tweeting on items not related to the core operations of the company. As such, it now makes sense to put the Company in the hands of professional owners. We strongly encourage the Board of Directors of Virtu Financial to pursue strategic alternatives, including but not limited to selling themselves to an owner who can unlock the true potential of Virtu." Pulte stated, "We predict that if change is not made soon, Virtu Financial will and should be sold. We stand ready to help usher in the change for a new generatio Show less Read more
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