Starboard believes leading software companies can do more to boost profits. The company has taken a stake in Salesforce and Splunk because it sees significant upside in the stocks if they can ...

Splunk’s rising share price comes after the company priced its IPO well above expected ranges. The company had an expected range of $11 to $13 that came after it raised the anticipated price ...

Splunk is an easier target than Salesforce Starboard has a history of applying pressure to companies it thinks can do more to unlock value for shareholders.