Hewlett Packard Enterprise shares surged Tuesday following reports activist investor Elliott Investment Management built a $1 ...

Hedge fund Elliott Investment Management has built a stake of more than $1.5 billion in Hewlett Packard Enterprise , a person familiar with the matter said on Tuesday.

What Happened? Shares of enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) jumped 7.3% in the morning session after activist investor Elliott management announced a stake estimated ...