Paulson Is Up Today Thanks To Dex Media And InterOil Corp

John PaulsonImage source: Wikipedia

Today’s midday gainers are Dex Media Inc (NASDAQ:DXM), Home Inns & Hotels Management Inc. (NASDAQ:HMIN), InterOil Corporation (NYSE:IOC) and midday losers are Electronic Arts Inc. (NASDAQ:EA), Lumos Networks Corp. (NASDAQ:LMOS), AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO).

John Paulson wins with Dex Media abd InterOil

Today’s midday gainer is Dex Media, Inc. (NASDAQ:DXM), the marketing company increased +15.14% to $5.02. Billionaire John Paulson bought 2.2 million shares for $16.64 each during last quarter. This position represents 0.28% of Paulson’s portfolio.

Following Dex Media Inc. is Home Inns & Hotels Management Inc. (NASDAQ:HMIN), the hotels chain firm has risen +11.28% to $41.35 since yesterday, reporting a better-than-expected Q3 earning report. As of June, George Soros holds 424,000 shares, representing 0.12% of his fund. The billionaire paid an average price of $28.38 per share.

Last but not least is InterOil Corporation (NYSE:IOC), the oil and gas company grew +8.24%, reaching $92.34. This was well-received news for John Paulson who owns 1.7 million shares, representing 0.85% of his fund. The investor paid an average price of $66.64 per asset.

Midday Losers

The company with a major loss during the day is Electronic Arts Inc. (NASDAQ:EA), the video games company dipped -4.31% to $24.84. Investor Leon Cooperman holds 1,000 EA shares – representing 0.28% of his fund- the billionaire reduced his position in the company during last quarter when he sold 649,000 shares. Copperman paid an average price of $16.52 per share.

The second company in our midday loser list is Lumos Networks Corp (NASDAQ:LMOS), the communication firm dropped -3.16% to $19.89, this movement was caused by the offering of 2.5 million shares, informed MarketWatch. Billionaire George Soros bought 26,000 shares for $14.86 each during last quarter.

Third and last firm in our midday list is AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO), the biopharmaceutical company was down -1.19%, hitting $2.05. As of June, Seth Klarman owns 3.8 million shares, representing 0.24% of his portfolio. The investor paid an average price of $15.12 per share.

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iBillionaire
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