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.
ValueWalk's Raul Panganiban interviews Kirk Du Plessis, Founder and CEO of Option Alpha, and discuss Option Alpha and his general approach to investing. Q1 2021 hedge fund letters, conferences and more The following is a computer generated transcript and may contain some errors. Interview with Option Alpha's Kirk Du Plessis
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.
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.