Big news for BP, a huge oil company! An investor group called Elliott Management bought a big chunk of BP's stock. This made BP's share price jump up a lot!
This means the value of BP went up quickly. It's like when your toy becomes more popular and suddenly everyone wants it!
Investors are hoping BP will make some big changes to make even more money.
- BP's stock price went up by 7% in one day!
- Elliott Management wants BP to make some changes.
- BP's CEO is working to improve things.
Fact | Number |
---|---|
BP stock price increase | 7% |
BP stock price (pence) | 464.75 |
BP's stock price fall last year | almost 16% |