Aerojet Rocketdyne up after Elliott discloses stake

Aerojet Rocketdyne Holdings

16/08/2022 14:54

** Shares of rocket engine maker Aerojet Rocketdyne Holdings
Inc  AJRD.O  up 2.6% in morning trade at $43.61
    ** Elliott Investment Management took a stake of 3 mln
shares in co, the fund revealed in a regulatory filing on
Monday; that represents 3.73% of the company's outstanding
shares, according to Refinitiv data  urn:newsml:reuters.com:*:nFWN2ZR4LX
    ** The fund also reported fresh positions in Polestar
Automotive Holding UK PLC  PSNY.O , Paypal  PYPL.O  and
Pinterest  PINS.N 
    ** Up to Monday's close, AJRD stock had fallen about 9% YTD 

 (Reporting by Mehr Bedi in Bengaluru)
 ((Mehr.Bedi@thomsonreuters.com;))