Lampert Has Good Day as Sears Soars 7.5 Percent

Today’s daily gainers are: Sears Holdings Corp (NASDAQ:SHLD), Yelp Inc (NYSE:YELP), WebMD Health Corp. (NASDAQ:WBMD) and daily losers are Angie’s List Inc (NASDAQ:ANGI), Allied Nevada Gold Corp. (NYSEMKT:ANV), Franco-Nevada Corporation (NYSE:FNV).

Lampert Has Good Day as Sears Soars 7.5 Percent

Sears Holdings is today’s top-performing stock

Our daily gainer is retailer Sears Holdings Corp (NASDAQ:SHLD), with a stock price increase today of +7.46%, reaching $64.76. According to MarketWatch, this comes as the result of the incorporation of a new digital fitness platform provided by Netpulse, Inc. The news was well received by billionaire Edward Lampert, as 47.65% of his portfolio is composed by SHLD assets. The investor holds 33.8 million SHLD shares, which cost him an average price of $63.76.

Einhorn’s FOF Re-positions Portfolio, Makes New Seed Investment In Year Marked By “Speculative Exuberance”

david einhorn, reading, valuewalk, internet, investment research, Greenlight Capital, hedge funds, Greenlight Masters, famous hedge fund owners, big value investors, websites, books, reading financials, investment analysis, shortselling, investment conferences, shorting, short biasIt has not just been rough year for David Einhorn's own fund. Einhorn's Greenlight Masters fund of hedge funds was down 3% net for the first half of 2020, matching the S&P 500's return for those six months. In his August letter to investors, which was reviewed by ValueWalk, the Greenlight Masters team noted that Read More

The second firm in our list of gainers is Yelp Inc (NYSE:YELP), an online urban city guide. The company climbed +7.18% to $71.12 today. George Soros is the only billionaire tracked by iBillionaire with a stake in Yelp. The investor holds 1.1 million shares (0.44% of his fund), purchased at an average price of $21.99 each.

The last firm on our list of top performers today is WebMD Health Corp. (NASDAQ:WBMD). The health services information provider is up +7.01%, landing at $30.55. The billionaire benefited by this movement was Carl Icahn, who has held a position in WBMD for more than two years. Icahn has 5.5 million WBMD shares, representing 0.75% of his portfolio. Despite the company’s strong performance today, Icahn has actually lost on this one, down -19.69% overing after having paid an average price of $38.04 per share.

Daily Losers

Angie’s List Inc (NASDAQ:ANGI) is again in our list of losers, its stock price having decreased -9.52% ($20.35). The company’s shares dipped significantly today following an announcement that it intends to seek out a billion-dollar loan. Of the billionaires tracked by iBillionaire, George Soros is the only one affected by this. Soros holds 1.1 million ANGI assets (as of June), purchased at an average price of $12.02 and representing 0.32% of his portfolio.

The second firm joining the daily losers list is Allied Nevada Gold Corp. (NYSEMKT:ANV), a gold and silver producer. ANV’s shares declined -4.67% today, hitting $3.98. John Paulson holds 1.5 million shares in the company, a position that represents 0.07% of his portfolio. The billionaire is down -88.27% with this stake; he paid an average price of $34.10 per share – almost 10 times the present price.

After dipping -3.76%, Franco-Nevada Corporation (NYSE:FNV) takes the final spot on our list of daily losers. The gold company fell to $43.55, affecting Jorge Lemann, who holds 522,000 shares (2.44% of his portfolio). The investor paid an average price of $50.88 per asset, leaving him with a -14.34% loss in this position.

Learn more about these stocks on iBillionaire.