Riot Platforms vs. Activist Targets

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Riot Platforms, Inc. ( NASDAQ:RIOT) is one of Jeff Smith’s top activist targets. Here’s why

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77% Informative

Jeff Smith is arguably the “most feared man” in corporate America , having waged some of Wall Street’s most aggressive and successful activist campaigns.

Starboard Value LP returned less than 5% for investors in 2024 , underperforming its peers.

Since its inception, the hedge fund has enjoyed an average return of 25.02% on its 152 activist campaigns, outperforming the Russell 200.

Starboard Value LP wants to see Riot Platforms Inc. (NASDAQ: RIOT ) following in the footsteps of bitcoin miner Core Scientific .

Overall, RIOT ranks 1st on our list of Jeff Smith’s top activist targets.

While we acknowledge the potential of RIOT , our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns.

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