Home Stocks Brocade’s Q3 Report Gives Soros a Lift Today

Brocade’s Q3 Report Gives Soros a Lift Today

Today’s midday gainers are Brocade Communications Systems, Inc. (NASDAQ:BRCD), Resource America Inc (NASDAQ:REXI), United Continental Holdings, Inc. (NYSE:UAL) and midday losers are Voltari Corp (NASDAQ:VLTC), SolarCity Corp (NASDAQ:SCTY), BioFuel Energy Corp. (NASDAQ:BIOF).

Soros gets a lift with Brocade

Today’s midday gainer is Brocade Communications Systems, Inc. (NASDAQ:BRCD). The internet provider surged to $8.79, an increase of +8.59%, thanks to the release of a solid earnings report. Billionaire George Soros holds 10.6 million BRCD shares, representing 0.94% of his fund. The investor paid an average price of $5.70 per asset. Ray Dalio owns 80,000 shares (0.01% of his fund) acquired at an average $6.81 each.

Resource America Inc (NASDAQ:REXI) has had a good day as well. The financial company climbed +6.42% to $8.95 after presenting its Q3 earnings report. As of September, Leon Cooperman holds 1.1 million shares (0.14% of his fund), purchased at $6.39 per asset.

Airline United Continental Holdings, Inc. (NYSE:UAL) experienced an increase as well. Its stock price rose +5.17% to $38.26 after it revealed a plan to reduce costs by two billion dollars. With 8.5 million shares, UAL represents 4.17% of David Tepper’s holdings. The shareholder paid an average price of $20.56. And last quarter, Ray Dalio bought 9,000 shares for $31.98 per asset.

Midday Losers

The stock with a major loss today is Voltari Corp (NASDAQ:VLTC).The telecommunications firm dropped -8.39% to $4.26. Billionaire Carl Icahn holds 678,000 shares (0.01% of his portfolio), acquired for $5.40 per asset.

The second company on our midday losers list is SolarCity Corp (NASDAQ:SCTY), a solar energy firm. SCTY dipped to $47.18 (-7.06%). Tiger Global Management bought up 500,000 SCTY shares for $36.89 during last quarter. The company now composes 0.29% of its fund.

Energy company BioFuel Energy Corp. (NASDAQ:BIOF) fell -5.38% to $2.20. Daniel Loeb holds more than one million shares (0.10% of his fund) paid for at an average $2.57 each. David Einhorn owns 1.4 million shares (0.09% of his holdings), acquired for $19.02 per asset.