Today’s daily gainers are Penn Virginia Corporation (NYSE:PVA), Enphase Energy Inc (NASDAQ:ENPH), Magnum Hunter Resources Corp (NYSE:MHR), and daily losers are J.C. Penney Company, Inc. (NYSE:JCP), Cooper Tire & Rubber Co (NYSE:CTB), Applied Micro Circuits Corporation (NASDAQ:AMCC)
Penn Virginia is today’s top performing stock
Today’s top gainer is Penn Virginia Corporation (NYSE:PVA), an independent oil and gas company. Its stock price shot up +8.82%, reaching $7.28 – the result of oil’s strong performance, increasing +0.39% today. With more than 6.2 million shares, PVA represents 0.39% of George Soros’ portfolio. The billionaire bought all of his assets last quarter and paid an average price of $5.59.
The second firm with a major gain today is energy company Enphase Energy Inc (NASDAQ:ENPH). The stock is up +7.07% after announcing its participation at the ROTH Capital Partners Solar Symposium. This news was well received by Daniel Loeb, the only billionaire tracked by iBillionaire with a position in ENPH. Loeb holds 7.4 billion shares (1.30% of his fund), acquired at an average price of $6.89.
Our last daily gainer stock is Magnum Hunter Resources Corp (NYSE:MHR), another oil and gas company. MHR’s price rose +6.99%, closing at $7.04. Investor George Soros purchased 250,000 shares at an average price of $3.27 last quarter, representing 0.01% of his portfolio.
The firm with a major loss today is J.C. Penney Company, Inc. (NYSE:JCP), its value dipping -6.54% to $7.86 – likely the cause of the announcement of a cut in its October cash flow. Last month, JCP dropped a whopping -37.7%, affecting many of our billionaires. George Soros is one of investor with a position in JCP; he acquired 19.9 shares (3.70% of his fund) at an average price of $16.66 last quarter. Bill Ackman owns JCP shares as well. The Pershing Square manager bought 19.9 million shares, which represent 1.28% of his holding, at an average price of $23.33 last quarter.
Following J.C. Penney is Cooper Tire & Rubber Co (NYSE:CTB). The stock performed -5.63%, reaching $29.59. John Paulson holds five million shares (1.17% of his fund), acquired at an average price of $28.95 last quarter. Thomas Stayer is the other billionaire with a position in CTB. He bought 810,000 shares, 0.52% of his portfolio, at an average price of $28.95 last quarter.
The last company in our daily loser list is tech company Applied Micro Circuits Corporation (NASDAQ:AMCC). Its stock price decreased by -4.48% ($13.01) today. The billionaire affected by this movement is George Soros, who bought 226,000 at an average price of $8.22 last quarter. This position represents a 0.02% of Soros’ fund.
Learn more about these stocks at iBillionaire.