‘Activist Investors’ Are Seizing Companies To Push Social Justice Measures

A new wave of woke investors is taking Wall Street by storm.

For the past half-century, “activist investors” have sought to reform troubled companies by intimately involving themselves in upper management. First, the investors acquire large portions of the company’s publicly traded stock. Next, the investors rally support from other shareholders and the public by issuing an “activist letter” outlining proposed reforms. After gaining board seats and enacting productive changes, the investors then aim to sell their shares and walk away with a profit.