Sep 24, 2026
Exclusive | Activist Starboard Urges Construction Company to Explore Sale
Activist investor Starboard Value has acquired a significant stake in Knife River, a construction company. Starboard intends to pressure Knife River to enhance its profit margins or consider a sale of the company. Knife River, which spun off from MDU Resources Group in 2023, has seen its stock decline by nearly 30% this year.
Company relevance
84.84%
Company sentiment
Neutral
Overall sentiment
Somewhat-Bearish