In October, institutional value stock investor Starboard Value released a presentation on its website showing it has purchased an undisclosed amount of shares in software companies Splunk (NASDAQ: ...
The story on Splunk Inc. (NASDAQ: SPLK) isn’t an unfamiliar one. During the early months of the pandemic, the software stock soared to record highs on the accelerated digital transformation (not to ...
The IPO of data company Splunk (SPLK) had the biggest opening day pop since the debut of LinkedIn (LNKD) in May of last year. In the company’s first day of trading, its stock price spiked some 108.71 ...
The largest deal Cisco has ever announced moves it further away from its roots in network hardware and into higher-margin software subscriptions. By Michael J. de la Merced Cisco agreed on Thursday to ...
Starboard believes leading software companies can do more to boost profits. The company has taken a stake in Salesforce and Splunk because it sees significant upside in the stocks if they can increase ...
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