BP Stock Rises Premarket On Reports Of Activist Investor Elliott Taking A Stake: Retail’s Bullish
BP Plc (BP) stock rose 6.7% in premarket trade on Monday and remained on track to open at its highest since August, on reports that Elliott Investment Management has built a stake in the oil major. Bloomberg News reported on Saturday that Elliott’s stake in BP was “significant” and that the activist investor believed that BP is ‘significantly