Activist Starboard Value takes major stake in AI software maker Dynatrace, WSJ reports
April 27 (Reuters) - Activist investor Starboard Value has taken a major stake in AI software maker Dynatrace and is advocating for strategic changes to help boost its share price, the Wall Street Journal reported on Monday, citing a draft of a letter by a senior executive. The draft letter by Starboard managing member Peter Feld, expected to be sent to Dynatrace on Tuesday, noted that the company's stock is undervalued compared with its industry peers, according to the WSJ report. Following the n ...