Why Shares of Knife River Were Moving Higher Today

Key Points Activist investor Starboard Value sent a letter to Knife River calling for change. It said returns at the construction company have been unacceptable. 10 stocks we like better than Knife River › Shares of Knife River Corporation (NYSE: KNF) gained today after activist investor Starboard Value disclosed a position in the construction stock and sent a letter to management calling for the board to consider strategic alternatives, which typically include a sale of the company. Knife River stock closed up 3.8% on the news today. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of "Act 1"—the R&D phase.