Sachem Head Takes Activist Stake at Ionic Digital with 9.99% Holding
Investment firm Sachem Head Capital Management has acquired a 9.99% stake in Ionic Digital Inc., signaling a move toward a more active role in the company's governance.
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Canaccord Genuity has initiated research coverage on Ionic Digital Inc. with a 'Buy' rating and a price target of $119.
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Investment firm Sachem Head Capital Management has acquired a 9.99% stake in Ionic Digital Inc., signaling a move toward a more active role in the company's governance.