Soros Posts Losses with JKS, TRQ and YUME, Sighs TGIF


Today’s midday gainers are International Tower Hill Mines Ltd (NYSEMKT:THM), Unwired Planet Inc (NASDAQ:UPIP), SolarCity Corp (NASDAQ:SCTY) and midday losers are JinkoSolar Holding Co., Ltd. (NYSE:JKS), Turquoise Hill Resources Ltd. (NYSE:TRQ), YuMe Inc. (NYSE:YUME).

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Soros Posts Losses with JKS, TRQ and YUME, Sighs TGIF

Soros gets a dlight boost with Unwired Planet

International Tower Hill Mines Ltd (NYSEMKT:THM) is our top midday gainer. The gold mining company increased +7.53% to $0.40. This was a great news for John Paulson, who owns 8.9 million shares (0.02% of his portfolio). The billionaire paid an average price of $4.77 per asset.

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Invest ESG Leon CoopermanAlight Capital Management declined 1.3% on a net basis for the first quarter of 2022, according to a copy of the firm's quarterly update, which ValueWalk has been able to review. Short positions offset most of the losses on the long side of the portfolio. The long/short equity fund exited the quarter with a net Read More

Following Tower Hill Mines Ltd. is Unwired Planet Inc (NASDAQ:UPIP). The tech stock is up +7.14%, trading at $1.50. Investor George Soros holds 6.4 million shares purchased for $2.57, representing 0.12% of his fund.

Last but not least is SolarCity Corp (NASDAQ:SCTY). The solar energy company shot up +6.54% to $52.28. Tiger Global Management bought 500,000 shares for $36.89 each last quarter. This position composes 0.29% of the fund’s portfolio.

Soros’ losses

Today’s midday loser is JinkoSolar Holding Co., Ltd. (NYSE:JKS). The energy company dropped -7.06% to $29.36. Billionaire George Soros picked up 121,000 shares for $15.77 last quarter. This position represents 0.03% of Soros’ fund.

The second company on our midday losers list is Turquoise Hill Resources Ltd. (NYSE:TRQ) with a -3.29% dip to $4.12. This movement affected George Soros, who owns 3.9 million shares (0.19% of his fund), acquired for an average $8.40. Ray Dalio holds 126,000 shares, purchased at $6.76 per asset.

It has also been a tough day for YuMe Inc. (NYSE:YUME). The tech firm dipped -3.01% to $8.70. Last quarter, billionaire George Soros acquired 400,000 shares of YUME for $9.98 per asset. Today, this position makes up 0.05% of his holdings.

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