J.C. Penney Up Nearly 10 Percent Today Giving Boost To Soros

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J.C. Penney Up Nearly 10 Percent Today Giving Boost To Soros
Source: jcp.com/ jcpnewsroom.com

Today’s daily gainers are Fusion-IO, Inc. (NYSE:FIO), J.C. Penney Company, Inc. (NYSE:JCP), International Tower Hill Mines Ltd. (NYSEMKT:THM) and daily losers are YY Inc (NASDAQ:YY), Marketo Inc (NASDAQ:MKTO), Media General, Inc. (NYSE:MEG).

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J.C. Penney Up Nearly 10 Percent Today Giving Boost To Soros

George Soros wins with J.C. Penney

Shooting up +13.22% and now trading at $10.80, Fusion-IO, Inc. (NYSE:FIO) is today’s top gainer after the company’s CEO and Legal Chief announced the purchase of a large number of its shares. Billionaire David Tepper owns 1.5 million FIO shares (0.33% of his fund), bought at an average price of $25.07.

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J.C. Penney Company, Inc. (NYSE:JCP) performed well today, too – a nice change of pace for the retailer, which is up +9.13% ($7.42). This follows the announcement of a revised commercial agreement covering the companies’ licensing and design partnership. Last quarter, billionaire George Soros acquired 19.9 million shares, representing 3.70% of his holdings. Soros paid an average price of $16.66.

Another big gainer today is International Tower Hill Mines Ltd. (NYSEMKT:THM). With 17.8 million shares, THM represents a 0.07% of John Paulson’s portfolio. The billionaire paid an average price of $2.64.

Daily Losers

YY Inc (NASDAQ:YY) took a bit hit today. The online social platform is down -6.21% to $43.35. This isn’t the greatest of news for Tiger Global, which holds 1.4 million shares, representing 0.69% of its fund. Tiger paid an average price of $13.03 per share.

Coming in at a close second is Marketo Inc (NASDAQ:MKTO). The tech company’s stock price fell -5.87% to $33.36 today. Billionaire George Soros was affected by this movement. He owns 40,000 shares (0.01% of his fund), acquired at an average price of $21.67 last quarter.

Our third and the final loser of the day is Media General, Inc. (NYSE:MEG); the stock dropped -5.68% to $14.12. MEG is one of Warren Buffett’s picks. He owns 4.6 million shares, which represent 0.06% of his portfolio. Buffett bought all his assets at an average price of $4.63 in September 2012.

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