Warren Buffett’s Media General Climbs 5 Percent

Warren Buffett’s Media General Climbs 5 Percent

Today’s daily gainers are: Media General, Inc. (NYSE:MEG), DexCom, Inc. (NASDAQ:DXCM), Polycom Inc (NASDAQ:PLCM) and Daily Losers are BioFuel Energy Corp. (NASDAQ:BIOF), Angie’s List Inc (NASDAQ:ANGI), MakeMyTrip Limited (NASDAQ:MMYT).

Warren Buffett’s Media General Climbs 5 Percent

Media General is today’s top-performing stock

Today’s top gainer is Media General, Inc. (NYSE:MEG), its stock climbing +4.55% to $14.24. Investor Warren Buffett is the only billionaire tracked by iBillionaire with a position in MEG. Buffett purchased his 4.6 million shares, representing 0.06% of his fund, in the third quarter of 2012 at an average price of $4.63.

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Medical device company DexCom, Inc. (NASDAQ:DXCM) makes our list of daily gainers today, though it was on our list of losers just last Friday. The company is up +3.38%, reaching $28.16. With 100,000 shares of DXCM in his portfolio (0.02% of his fund), billionaire George Soros stands to benefit from this upshoot. He has gained +83.65% on the average price he paid of $15.32 per share.

Our last daily gainer is Polycom Inc (NASDAQ:PLCM), which increased +3.22% ($10.96). The firm, a provider of standards-based unified communications and collaboration (UC&C) solutions for voice and video collaboration, represents 1.30% of Leon Cooperman’s portfolio. The billionaire holds 7.6 million shares, which were acquired last year at an average price of $10.00.

Daily Losers

The company that dropped the most today was BioFuel Energy Corp. (NASDAQ:BIOF). The firm is down -4.67%, reaching $3.68. A couple of our iBillionaire players were affected by this one. David Einhorn holds 1.4 million BIOF shares, representing 0.09% of his fund. The billionaire has had a position in the company for more than five years. In 2011, he held more than 27 million shares; however, he sold off 25.8 million in the second quarter of 2012. Einhorn acquired his assets at an average per-share price of $32.04. The other billionaire with a position in BIOF is our top gainer of last week, Daniel Loeb. Like Einhorn, Loeb sold off a big part of his BIOF shares during the second quarter of 2012 (4.5 million). The billionaire now holds 1.4 million, corresponding to a 0.08% of his portfolio. According to his last 13 filing, Daniel Loeb paid an average price of $3.77 per share.

The second company entering into our daily losers is Angie’s List Inc (NASDAQ:ANGI), which operates a solution for consumers to research, hire, rate, and review local professionals. The firm dropped -3.64% ($23.03) after announcing that its Chief Technology Officer, Manu Thapar, is no longer with the company. George Soros is the only billionaire tracked by iBillionaire with ANGI shares. The stockholder owns 1.1 million assets (0.32% of his holdings), which cost him an average of $12.02 each.

The last firm on our list of losers is online travel agency MakeMyTrip Limited (NASDAQ:MMYT). Its shares dipped -3.21%, hitting $14.47, today. Billionaire Chase Coleman has had a position in MMYT for the last four years. In September 2010, he acquired 4.1 million shares, and in June 2011, he added another two million to his fund. In September 2011, he bought one million more shares to bring his total to 7.1 million MMYT shares, representing a 1.78% of his portfolio. The billionaire paid an average price of $30.53 per share.

Learn more about these stocks at iBillionaire.

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