Activists are eyeing tech stocks ahead of expected M&A rebound after two-year lull

Tech, media and telecom deal volume peaked at $856 billion in 2021, and has since plummeted, dropping to $255 billion in 2023, according to PwC.

The start to 2024 has been more promising, and that’s likely to bring more activist investors into the market.

Many activists take stakes in companies with the hope that they can help push them towards acquisitions at significantly higher prices.
Activists eyeing tech stocks ahead of expected M&A rebound after lull