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david einhorn
This hedge fund bought a stake in Twitter amid Elon Musk drama
David Einhorn wrote to investors that his hedge fund had taken the position, paying an average $37.24 for the stock.
NJ deli valued at $100M is shell company in 'reverse-merger' scheme: report
Hometown International is in fact a shell company that's part of a complex, international reverse-merger plan, according to a report.
New Jersey deli valued at more than $100 million delisted from stock market
The modest purveyor of meats and cheeses had achieved a market capitalization of more than $100 million despite the fact that its sole shop only logged sales of $35,000 over...
Company that owns just one NJ deli soars to $100M value on stock market
A company that owns a single deli in south New Jersey became worth more than $100 million on the stock market in recent months — marking the latest oddity of...
David Einhorn says tech stocks in 'enormous' bubble
Technology stocks, which have surged for months during the pandemic, likely hit their top last month, hedge fund investor David Einhorn wrote on Tuesday, adding that he’s prepared for a...
Steve Cohen one of few bright spots in bad year for hedge funds
The hedge fund industry’s bloodbath continued in 2019 with more hedge funds shutting down than launching for the fifth year in a row. Some 540 hedge funds had liquidated by...
Short sellers slammed as Tesla shares surge the most in 6 years
Tesla shares are surging — and short sellers are hurting. Wall Street investors betting against Tesla’s stock got clobbered to the tune of nearly $1.5 billion on Thursday after Elon...
Tesla short-seller David Einhorn calls on Elon Musk to resign
A prominent hedge fund manager is calling on Tesla Chief Executive Elon Musk to resign following reports that the electric automaker’s solar panels have been catching fire. Greenlight Capital’s David...
David Einhorn beckons new investors after a horrible year
Hedge fund Greenlight Capital plunged 34.2 percent in 2018 — a year in which its boss David Einhorn said “nothing went right” and “losses were a mile wide and a...
Hedge fund managers looking at shrunken bonuses this year
Hedge fund managers are going to get hosed this bonus season. Stock pickers at top hedge funds will see their bonuses tank as much as 30 percent this year as...
Activist investor shares theory on Elon Musk's eccentric behavior
Tesla Chief Executive Elon Musk has been making headlines for all the wrong reasons in the past few months, and one activist investor thinks it’s because he’s trying to sabotage...
Einhorn gets box of 'short shorts' after sparring with Elon Musk
Billionaire David Einhorn has gotten clobbered on his short bet against Tesla shares — but at least he got some breezy summer gear out of the deal. On Friday the...
Musk taunts Einhorn on Twitter after Tesla-bashing letter
Talk about rubbing salt in a wound. Hedgie David Einhorn on Wednesday had to endure Twitter taunts from Tesla founder Elon Musk — one day after telling investors in his...
Einhorn's Greenlight Capital is down 18 percent for 2018
Greenlight Capital is dipping deep into the red. Thanks to a 5.4 percent drop in the second quarter, the David Einhorn-led hedge fund is down 18.3 percent for the year,...
Einhorn thinks Puerto Rican debt will cause insurer to sink
David Einhorn is betting big that Puerto Rican debt will cause bond-insurer Assured Guaranty to crumble. “You can’t get blood from a stone, Puerto Rico can only support so much...
Einhorn mystified by Greenlight Capital’s big Q1 loss
David Einhorn continues to be confused by the stock market. The hedgie’s Greenlight Capital is down 13.6 percent through the first quarter — after gaining a meager 1.6 percent in...
David Einhorn has worst month ever versus S&P
While the S&P 500 soared 5.6 percent in January, David Einhorn’s Greenlight Capital was left in the dust — falling 5.5 percent over the same period. It was the worst-ever...
Einhorn's hedge fund gained only 1.6% last year
David Einhorn’s investors aren’t the only ones upset by his hedge fund’s lagging performance — the hedgie himself is also frustrated. Einhorn’s Greenlight Capital reported a paltry 1.6 percent gain...
David Einhorn beginning to question his investment strategy
David Einhorn has a problem. After his Greenlight Capital has gotten walloped by the S&P 500 for years, the hedgie told his investors that he may have been investing via...
Whitney Tilson is shutting down his hedge fund
Whitney Tilson has decided to shut down his hedge fund, saying its poor performance has made him “miserable.” Tilson — long a fixture on the TV circuit as he has...