Icahn Takes Two A Double Whammy From CVR

Icahn Takes Two A Double Whammy From CVR
Image source: CNBC Video Screenshot

Today’s daily gainers are Idenix Pharmaceuticals Inc (NASDAQ:IDIX), LinnCo LLC (NASDAQ:LNCO), Linn Energy LLC (NASDAQ:LINE) and daily losers are CVR Refining LP (NYSE:CVRR), Unwired Planet Inc (NASDAQ:UPIP), CVR Energy, Inc. (NYSE:CVI).

Icahn Takes Two A Double Whammy From CVR

Idenix is today’s top performing stock

Today’s top gainer is Idenix Pharmaceuticals Inc (NASDAQ:IDIX). The stock shot up +38.90% to $4.57 despite falling short in its Q3 earning estimations. Billionaire Seth Klarman holds 26.7 million shares, representing 2.40% of his fund. The investor paid an average price of $5.87 per share.

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The second company with a big gain today is LinnCo LLC (NASDAQ:LNCO). The energy stock rose +14.07% to $33.64. This was a well-received piece of news for Leon Cooperman, who holds 472,000 shares, representing 0.28 percent of his portfolio. The billionaire paid an average price of $36.38 per asset.

Last up is Linn Energy LLC (NASDAQ:LINE), another energy company. Its stock price rose +12.42% and is now trading at $31.11 thanks to some better-than-expected 3Q earnings. This is also one of Leon Cooperman’s better bets. He owns 6.2 million shares (3.37% of his fund), bought at an average price of $29.71.

Icahn losses with both CVR

This wasn’t the happiest of Fridays for CVR Refining LP (NYSE:CVRR). The firm’s stock price fell to $21.68, a -10.93% loss. This is likely the result of reported poor Q3 profits. Carl Icahn holds six million CVRR shares (as of June), representing 0.84% of his portfolio. The billionaire paid an average price of $29.44.

The second company on our daily loser list is Unwired Planet Inc (NASDAQ:UPIP). The tech firm dipped -9.88%, hitting $1.46, following the release of a disappointing Q1 earnings report. Billionaire George Soros holds six million shares (0.13% of his fund). The shareholder purchased each stock for $2.63.

The third and final stock in our list is CVR Energy, Inc. (NYSE:CVI). The energy company dropped to $36.40 (-8.22%), as a result of bad results overall in Q3. Billionaire Carl Icahn holds 71.1 million shares — 15.69% of his holdings. This stock cost him $21.91 per share.

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