Icahn Pats Himself on the Back with IEP Surge

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Icahn Pats Himself on the Back with IEP Surge
Image source: CNBC Video Screenshot

Today’s daily gainers are Vitamin Shoppe Inc (NYSE:VSI), Marvell Technology Group Ltd. (NASDAQ:MRVL), Icahn Enterprises LP (NASDAQ:IEP) and daily losers are Dex Media Inc (NASDAQ:DXM), BioFuel Energy Corp. (NASDAQ:BIOF), Hertz Global Holdings, Inc. (NYSE:HTZ).

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Icahn Pats Himself on the Back with IEP Surge

Icahn gets a boost with Icahn Enterprises

Today’s top gainer is Vitamin Shoppe Inc (NYSE:VSI), a nutritional products retailer. Its stock price increased +14.16% to $51.04 after presenting better-than-expected Q3 earnings. Tiger Global acquired 650,000 shares for $48.07 last quarter, representing 0.51% of its portfolio.

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The second company on our daily gainers list is Marvell Technology Group Ltd. (NASDAQ:MRVL). The tech company is up +8.91%, now trading at $13.08. According to Bloomberg, another tech firm, KKR & Co. L.P. (NYSE:KKR), has acquired almost 5% of MRVL – a likely explanation for the stock’s price surge. Billionaire David Einhorn holds 44.2 million shares, representing 9.73% of his fund. The investor paid an average price of $11.04 per share.

Last up is Icahn Enterprises LP (NASDAQ:IEP). The finance stock rose +7.65% to $117.10 following a solid Q3 earnings report. Carl Icahn owns more than 99.2 million shares, the fund represent 33.56% of his portfolio. Icahn paid an average price of $64.07 per share.

Daily Losers

Topping off our list of daily losers this Tuesday is Dex Media Inc (NASDAQ:DXM). The company, which provides local, social, and mobile marketing solutions, took a huge hit today, dipping -29.78% to $4.81 in the wake of a missed earnings target. Billionaire John Paulson purchased 2.2 million shares for $16.64 last quarter. This position represents 0.28% of the billionaire’s fund.

Following Dex Media is BioFuel Energy Corp. (NASDAQ:BIOF). The energy company another case of missed earnings expectations, dipping -12.03% to $2.85. As of June, David Einhorn holds 1.4 million shares (0.09% of his portfolio) acquired at $19.34. Another investor with BIOF stakes is Daniel Loeb. With more than one million share, BIOF represents 0.08% of his fund. The billionaire paid an average price of $3.71.

The third and final firm on our daily losers list is Hertz Global Holdings, Inc. (NYSE:HTZ). The rental car firm dropped -10.89%, hitting $21.21, despite a rise in its Q3 earnings. Billionaire Julian Robertson holds 800,000 shares (2.52% of his fund), bought at $24.04. Steve Mandel owns 17.3 million shares (2.09% of his portfolio), acquired for $24.04 as well. Investor Jorge Lemann holds 557,000 shares, representing 1.81% of his fund and again purchased at $24.04.

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