Abercrombie & Fitch Shake-Up Potentially a Good Deal for Soros

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Today’s midday gainers are Abercrombie & Fitch Co. (NYSE:ANF), Turquoise Hill Resources Ltd (NYSE:TRQ), YuMe Inc (NYSE:YUME) and daily losers are RetailMeNot Inc (NASDAQ:SALE), YPF SA (NYSE:YPF), Sears Holdings Corp (NASDAQ:SHLD).

Abercrombie is today’s top performing stock

Today’s top gainer is Abercrombie & Fitch Co. (NYSE:ANF). The clothing retailer’s stock price shot up +5.67%, reaching $35.95. According to Bloomberg, the gain was provoked by investor Engaged Capital LLC, which proposed a search for a new CEO and hinted at the possible sale of the company. Billionaire George Soros purchased 75,000 shares (0.03% of his fund) for $43.37 last quarter.

Next up is Turquoise Hill Resources Ltd (NYSE:TRQ). The mining company increased +3.40% to $4.26. This again a nice bit of news for Soros, who owns 3.9 million shares (0.19% of his fund), acquired for $8.40 per asset. And Ray Dalio holds 126,000 shares purchased at an average $6.76 each.

Last but not least is YuMe Inc. (NYSE:YUME). The tech company was up +4.25%, reaching $8.10. This is yet another hit for Soros, who bought up 400,000 shares (0.05% of his holdings) at $9.88 last quarter.

Midday Losers

Today’s midday loser is RetailMeNot Inc. (NASDAQ:SALE), which dropped -8.18% to $27.96. This movement affected George Soros, who bought 200,000 shares (0.08% of his fund) for $33.01 last quarter.

The second company with a major loss today is YPF SA (NYSE:YPF). The Argentine energy firm dipped -6.66% to $27.76. This was another punch for Soros, who over the past month picked up 3.9 million shares for $17.87 (0.87% of his fund).

Rounding off today’s list of midday losers is Sears Holdings Corp (NASDAQ:SHLD). The retailer’s stock price fell -5.88% to $56.66. Billionaire Edward Lampert holds 33.8 million shares, composing 57.92% of his holdings. The investor paid an average price of $59.25 per share.

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