KNF

Knife River (KNF.US) climbed more than 4% during regular trading to $56.53.

The stock is up 13.02% over the past ten sessions and down 19.75% year to date.

The Nasdaq Composite is up 0.76% over the past five sessions and up 12.75% year to date.

The construction materials industry index rose 2.5% over the same period.

Activist investor Starboard Value plans to nominate director candidates for the board, pressuring management to improve margins or pursue a sale. Starboard is urging the company to raise its EBITDA margin to 22% by fiscal 2029, up from a current quarterly rate of about 15%.

Based on public media reports. AI-generated; not investment advice.