Today’s midday gainers are InterOil Corporation (NYSE:IOC), Western Refining, Inc. (NYSE:WNR), DISH Network Corp (NASDAQ:DISH) and midday losers are Sarepta Therapeutics Inc (NASDAQ:SRPT), Rackspace Hosting, Inc. (NYSE:RAX), International Tower Hill Mines Ltd (NYSEMKT:THM).
Buffett gets a boost with DISH
The stock with a major gain today is InterOil Corporation (NYSE:IOC). The energy company surged +21.44% ($81.42) after reporting solid Q3 earnings. Billionaire John Paulson holds 1.7 million IOC shares, representing 0.85% of his fund. The shareholder paid an average price of $66.64 per asset.
The second company with a great performance today is Western Refining, Inc. (NYSE:WNR). The petroleum firm is up +9.76% and now trading at $36.33 after an upgrade to a “buy” rating by Goldman Sachs. Last quarter, George Soros bought 310,000 shares (0.09% of his portfolio) for $30.87 each.
The third and final firm in our midday list of gainers is DISH Network Corp (NASDAQ:DISH). The stock rose +4.91 to $49.77 after presenting a great Q3 performance. Billionaire Julian Robertson holds purchased 443,000 shares (2.39% of his fund), acquired for $39.38 each last quarter. Another important investor with a position in DISH is Warren Buffett, who holds 547,000 shares, also acquired during last quarter for $39.38. The position represents 0.03% in Buffett’s portfolio.
Today’s midday loser is Sarepta Therapeutics Inc (NASDAQ:SRPT). The biopharmaceutical company dipped -61.67% to $14.00 after revealing its Q3 report. Billionaire George Soros holds 426,000 shares, representing 0.18% of his fund. The investor paid an average price of $26.51 per share.
Following Sarepta Therapeutics is Rackspace Hosting, Inc. (NYSE:RAX). The tech stock is down -12.80% to $43.00 following a Q3 report that falls short of expectations. Billionaire George Soros purchased 250,000 shares (0.10% of his fund) for $43.25 last quarter. Ray Dalio also has RAX stakes. The investor bought 9,000 assets for $43.25 during last quarter.
The last firm in our midday list is International Tower Hill Mines Ltd (NYSEMKT:THM). The gold mining company dropped -9.49% to $0.37. This was not a good news for John Paulson, who holds 17.8 million shares (0.07% of his portfolio), purchased at $2.64 per share.