Idenix Pharmaceuticals Inc (IDIX) Keeps hitting Klarman

Today’s midday gainers are Molycorp Inc (NYSE:MCP), Sprint Corporation (NYSE:S), Alpha Natural Resources, Inc. (NYSE:ANR) and midday losers are Idenix Pharmaceuticals Inc (NASDADQ:IDIX), RetailMeNot Inc (NASDAQ:SALE), Textura Corp (NYSE:TXTR).

Molycorp is today’s top performing stock

Topping off our midday gainer list is Molycorp Inc (NYSE:MCP), the material stock shot up +13.31% to $5.45. Over last quarter, billionaire George Soros picked up 2.2 million shares, having paid $6.81 per asset. This position represents 0.16% of the billionaire fund.

Coho Capital 2Q20 Commentary: Podcasts, The New Talk Radio

Coho Capital LogoCoho Capital commentary for the second quarter ended June 30, 2020. Q2 2020 hedge fund letters, conferences and more Dear Partners, Coho Capital returned 46.6% during the first half of the year compared to a loss of 3.1% in the S&P 500. Many of our holdings, such as Netflix, Amazon, and Spotify, were perceived beneficiaries Read More

Following Molycorp Inc. is Sprint Corporation (NYSE:S), the tech stock rose +8.38% to $10.80. As of September, billionaire Leon Cooperman holds 35.2 million shares, composing 3.32% of his fund. Another investor with a position in S is John Paulson, who owns 56.6 million shares, representing 2.27% of his holdings.

Last but not least is Alpha Natural Resources, Inc. (NYSE:ANR), the energy company increased +4.45% to $7.07. This was another hit for Paulson, since he owns four million shares, which represent 0.15% of his portfolio, acquired for $8.10.

Seth Klarman loses again with Idenix Pharmaceuticals

On the top of our midday loser list is Idenix Pharmaceuticals Inc (NASDADQ:IDIX), the biopharmaceutical company dipped -5.92% to $6.52. This was a blow for Seth Klarman who holds 39.8 million shares (4.40% of his fund), purchased for average $5.41.

The second stock in our list is RetailMeNot Inc (NASDAQ:SALE), the digital coupon marketplace dropped -5.40% to $28.85. Billionaire George Soros bought 200,000 shares (0.08% of his fund), at average $33.01 during last quarter.

Third and last stock is Textura Corp (NYSE:TXTR), the tech firm was down -5.27%, hitting $29.65. Over last quarter, George Soros bought 26,000 shares at $34.80, composing 0.01% of his fund.