Stock Track | Biglari Shares Plummet 5% as Proxy Advisors Oppose Cracker Nominees

Stock Track11-11

Biglari (BH) stock plummeted 5% during intraday trading on Monday, following news that major proxy advisory firms have recommended against the company's nominees. The significant drop highlights investor concerns over potential changes in the company's governance structure.

Earlier in the day, Biglari Capital announced that both Institutional Shareholder Services (ISS) and Glass Lewis, two influential independent proxy advisory firms, have advised shareholders to vote against the nominees proposed by Cracker. This recommendation comes ahead of an important shareholder vote and could have substantial implications for the company's future direction and leadership.

The market's negative reaction suggests that investors may be wary of potential disruptions to Biglari's current management strategy or concerned about the uncertainty surrounding the company's governance. As proxy advisors often hold significant sway over institutional investors' voting decisions, their opposition to the Cracker nominees could lead to a contentious shareholder meeting and potentially impact the company's strategic decisions moving forward.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1186274222?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-11 03:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1186274222","market":"us","top_or_hot":-1,"title":"Stock Track | Biglari Shares Plummet 5% as Proxy Advisors Oppose Cracker Nominees","media":"Stock Track","content":"<p>Biglari (BH) stock plummeted 5% during intraday trading on Monday, following news that major proxy advisory firms have recommended against the company's nominees. The significant drop highlights investor concerns over potential changes in the company's governance structure.</p>\n\n<p>Earlier in the day, Biglari Capital announced that both Institutional Shareholder Services (ISS) and Glass Lewis, two influential independent proxy advisory firms, have advised shareholders to vote against the nominees proposed by Cracker. This recommendation comes ahead of an important shareholder vote and could have substantial implications for the company's future direction and leadership.</p>\n\n<p>The market's negative reaction suggests that investors may be wary of potential disruptions to Biglari's current management strategy or concerned about the uncertainty surrounding the company's governance. As proxy advisors often hold significant sway over institutional investors' voting decisions, their opposition to the Cracker nominees could lead to a contentious shareholder meeting and potentially impact the company's strategic decisions moving forward.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Biglari Shares Plummet 5% as Proxy Advisors Oppose Cracker Nominees</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Biglari Shares Plummet 5% as Proxy Advisors Oppose Cracker Nominees\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-11-11 03:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Biglari (BH) stock plummeted 5% during intraday trading on Monday, following news that major proxy advisory firms have recommended against the company's nominees. The significant drop highlights investor concerns over potential changes in the company's governance structure.</p>\n\n<p>Earlier in the day, Biglari Capital announced that both Institutional Shareholder Services (ISS) and Glass Lewis, two influential independent proxy advisory firms, have advised shareholders to vote against the nominees proposed by Cracker. This recommendation comes ahead of an important shareholder vote and could have substantial implications for the company's future direction and leadership.</p>\n\n<p>The market's negative reaction suggests that investors may be wary of potential disruptions to Biglari's current management strategy or concerned about the uncertainty surrounding the company's governance. As proxy advisors often hold significant sway over institutional investors' voting decisions, their opposition to the Cracker nominees could lead to a contentious shareholder meeting and potentially impact the company's strategic decisions moving forward.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BH","symbol_name":"Biglari Holdings","start_time":0,"source_url":"","article_id":"1186274222","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186274222","pubTimestamp":1762802713,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Biglari (BH) stock plummeted 5% during intraday trading on Monday, following news that major proxy advisory firms have recommended against the company's nominees. The significant drop highlights...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BH":"Biglari Holdings"},"translate_title":"股票追踪|由于代理顾问反对Cracker提名人，Biglari股价暴跌5%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BH":1},"content_text":"Biglari (BH) stock plummeted 5% during intraday trading on Monday, following news that major proxy advisory firms have recommended against the company's nominees. The significant drop highlights investor concerns over potential changes in the company's governance structure.\nEarlier in the day, Biglari Capital announced that both Institutional Shareholder Services (ISS) and Glass Lewis, two influential independent proxy advisory firms, have advised shareholders to vote against the nominees proposed by Cracker. This recommendation comes ahead of an important shareholder vote and could have substantial implications for the company's future direction and leadership.\nThe market's negative reaction suggests that investors may be wary of potential disruptions to Biglari's current management strategy or concerned about the uncertainty surrounding the company's governance. As proxy advisors often hold significant sway over institutional investors' voting decisions, their opposition to the Cracker nominees could lead to a contentious shareholder meeting and potentially impact the company's strategic decisions moving forward.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1186274222","isCrawlerRequest":true}