
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.
A few years ago, crypto hedge funds were all the rage. As cryptocurrencies rose in value, hundreds of hedge funds specializing in digital assets launched to try and capitalize on investor demand. Some of these funds recorded double-digit gains in 2020 and 2021 as cryptocurrencies surged in value. However, this year, cryptocurrencies have been under 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.
Updated on