Today’s midday gainers are KKR Financial Holdings LLC. (NYSE:KFN), Idenix Pharmaceuticals, Inc. (NASDAQ:IDIX), JinkoSolar Holding Co., Ltd. (NYSE:JKS) and midday losers are Opko Health, Inc. (NYSE:OPK), Baltic Trading Limited (NYSE:BALT), Global Eagle Entertainment Inc. (NASDAQ:ENT).
KKR Financial is today’s top performing stock
Today’s midday gainer is KKR Financial Holdings LLC. (NYSE:KFN), the finance company shot up +28.58%, reaching $12.15 after being sold for $2.6 billion to KKR & Co. Billionaire Leon Cooperman holds 15 million shares (2.35% of his fund) acquired for $6.72.
Qualivian Investment Partners Up 30% YTD; Long ORLY Thesis
Qualivian Investment Partners commentary for the second quarter ended July 30, 2020. Q2 2020 hedge fund letters, conferences and more “Short-term investors will accept a 20% gain because they didn’t spend the time to develop the conviction and foresight to see the next 500%.” - Ian Cassell Executive Summary Readers of investment letters fall into Read More
Idenix Pharmaceuticals Inc (NASDAQ:IDIX) is the second stock in our midday gainer list. The healthcare stock increased +12.24% to $4.99. As of September, Seth Klarman owns 39.8 million shares, composing 4.40% of his fund. The investor paid an average price of $5.41 per asset.
Third and last stock in our list is JinkoSolar Holding Co., Ltd. (NYSE:JKS), the energy company was up +5.77%, hitting $28.40. Investor George Soros purchased 121,000 shares (0.03% of his fund) for $15.77.
Soros loses with all three losers
Topping our midday loser list is Opko Health Inc. (NYSE:OPK), the pharmaceutical company dipped -9.85% to $8.19. During last quarter, George Soros bought up 745,000 OPK shares (0.07% of his fund) for $8.17. Thomas Steyer also picked up 32,000 shares, composing 0.01% of his holdings.
The second stock in our list is Baltic Trading LTD (NYSE:BALT), the shipping company dropped -6.35% to $5.29. This was another blow for Soros who holds 118,000 shares (0.01% of his portfolio), having paid $4.58 per asset.
Finally is Global Eagle Entertainment Inc. (NASDAQ:ENT), the company, which provides in-flight video content, e-commerce, and information services for airlines worldwide, was down -5.34%, hitting $14.50. Again Soros was affected by this move, since he holds 200,000 shares (0.02% of his holdings), acquired for $9.48.