Today’s daily gainers are Enphase Energy Inc (NASDAQ:ENPH), Safe Bulkers, Inc. (NYSE:SB), Lumos Networks Corp (NASDAQ:LMOS) and daily losers are AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO), Anadarko Petroleum Corporation (NYSE:APC), Idenix Pharmaceuticals Inc (NASDAQ:IDIX).
Enphase Energy is today’s top gainer
Today’s midday gainer is Enphase Energy Inc (NASDAQ:ENPH). The energy company increased +19.58% to $5.85. Billionaire Daniel Loeb holds 7.4 million ENPH shares (1.51% of his fund), acquired for $6.89.
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
The second stock on our midday gainers list is Safe Bulkers, Inc. (NYSE:SB). The marine drybulk transportation services company climbed +12.16% to $8.95. Last quarter, George Soros bought up 20,000 shares for $6.10.
Last but not least is Lumos Networks Corp. (NASDAQ:LMOS). The telecommunications company rose +8.39% to $22.22. As of September, George Soros holds 239,000 shares after picking up 213,000 last quarter. The position composes 0.06% of Soros’ fund. He paid an average price of $18.40 per asset.
Klarman loses with AVEO Pharmaceuticals
On top of our midday losers list is AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO). The healthcare stock dipped -12.50% to $1.64 after the company informed that its lead experimental drug Tivozanib was unlikely to succeed in a mid-stage colon cancer study that was testing if the drug was superior to an approved treatment. Investor Seth Klarman holds 3.8 million shares (0.23% of his holdings), acquired for $15.62.
Following AVEO is Anadarko Petroleum Corporation (NYSE:APC). The oil and gas company dropped -7.04% to $77.78. Investor Boone Pickens holds 60,000 shares, representing 9.28% of his fund. The billionaire paid an average price of $71.06 per asset. Another investor with a position in this stock is Daniel Loeb, who owns 1.5 million shares (3.49% of his holdings), acquired for $84.38.
The third and final firm in our midday list is another pharmaceutical company, Idenix Pharmaceuticals Inc (NASDAQ:IDIX). The stock was down -5.78%, hitting $4.40. This was another blow for Klarman, who owns 39.8 million shares acquired for $5.41.
