Today’s daily gainers are Sealed Air Corp (NYSE:SEE), Electronic Arts Inc. (NASDAQ:EA), LSI Corp (NASDAQ:LSI) and daily losers are IAC/InterActiveCorp (NASDAQ:IACI), Media General, Inc. (NYSE:MEG), Sarepta Therapeutics, Inc. (NASDAQ:SRPT).
Sealed Air is today’s top performing stock
Today’s top gainer is Sealed Air Corp (NYSE:SEE), a company that provides food safety and security, facility hygiene, and product protection solutions worldwide. Its stock shot up +8.03% ($30.81) after reporting better-than-expected Q3 earnings. This firm is in the portfolio of many of our billionaires. David Tepper holds 1.2 million shares (0.42% of his fund), bought at an average price of $14.55. Billionaire Julian Robertson has 42,000 shares, representing 0.15% of his portfolio and purchased for $20.37. Ray Dalio holds 18,000 shares, acquired at $20.73 per share.
The second company on our daily gainers list is Electronic Arts Inc. (NASDAQ:EA). Following a solid earnings report, the stock increased +7.92% and is now trading at $26.04. Billionaire Leon Cooperman reduced his EA position last quarter with the sale of 649,000 shares. Today, EA represents 0.28% of Cooperman’s portfolio. He paid an average price of $16.52 per share.
Last up is LSI Corp (NASDAQ:LSI), a company that designs, develops and markets storage and networking semiconductors worldwide. The stock rose +5.30% to $8.44, making George Soros a little richer. The billionaire acquired 3.06 million shares at an average price of $6.83 last quarter. This position represents 0.24% of his portfolio.
MEG shares drop
One company with a major loss today is IAC/InterActiveCorp (NASDAQ:IACI). After missing its earnings target, the company’s stock price fell -9.93%, hitting $52.15. Billionaire David Einhorn was affected by this movement. He owns 1.7 million shares, representing 1.60% of his fund. The investor paid an average price of $46.32.
The second stock on our daily loser list is Media General, Inc. (NYSE:MEG), a television broadcast and digital company. It decreased -9.15% to $12.91. This was not a good news for Warren Buffett, who holds 4.6 million shares (0.06% of his fund). The billionaire paid an average price of $4.63 per share, meaning today’s drop probably didn’t phase him.
The third and final company in our daily loser ranking is Sarepta Therapeutics Inc (NASDAQ:SRPT). The biopharmaceutical stock dipped -8.89% to $38.17. With 426,000 SRPT shares acquired at $26.51, this took a tiny bite out of George Soros’ pocketbook. Sarepta represents 0.18% of his fund.