BP shares jump 5% as activist investor Elliott discloses 5% stake build

Ruxandra Iordache,Sam Meredith - CNBC - 10:27
BP shares jumped on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major.
The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England.
Anna Barclay | Getty Images News | Getty Images

BP shares jumped on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major, which has pivoted back to oil in a bid to restore investor confidence.

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