Today’s midday gainers are Resource America Inc (NASDAQ:REXI), William Lyon Homes (NYSE:WLH), Unwired Planet Inc (NASDAQ:UPIP) and daily losers are Micron Technology, Inc. (NASDAQ:MU), Ford Motor Company (NYSE:F), LinkedIn Corp (NYSE:LNKD).
Resource America is today’s top performing stock
Today’s midday gainer is Resource America Inc (NASDAQ:REXI), the asset management company shot up +5.49% to $9.41. As of September, Leon Cooperman holds 814,000 shares (0.09% of his fund) acquired at an average price of $6.39.
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ESG (environmental, social, governance) has become a hot topic in recent years, especially lately with the debate over whether pension funds should be able to factor in ESG when choosing investments. At Morningstar's recent conference, the firm argued that ESG has become a requirement for long-term investors. Q2 2020 hedge fund letters, conferences and more Read More
The second company in our midday gainer list is William Lyon Homes (NYSE:WLH), the stock increased +4.59% to $19.81. According to the last 13F’s, investor John Paulson holds a 3.3 million shares position (0.44% of his fund). The billionaire paid an average price of $25.14 per asset.
Last but not least is Unwired Planet Inc (NASDAQ:UPIP), the tech company climbed +3.76% to $1.38. Billionaire George Soros holds 6.4 million shares, composing 0.12% of his fund. The investor paid an average price of $2.57 per asset.
On the top of our midday losers list is Micron Technology, Inc. (NASDAQ:MU), the tech firm dipped -8.03% to $21.08. This stock is the favourite of many of our billionaires, for instance, Seth Klarman holds 64 million shares (31.95% of his holdings), purchased for $12.89 per share. Richard Chilton owns 2.5 million shares, composing 1.23% of his fund. The investor paid an average price of $8.74 per share. Another investor with a position in MU is Ray Dalio. During the last quarter the billionaire investor increased his position to 1.9 million shares (0.29% of his portfolio).
Following Micron Technology is Ford Motor Company (NYSE:F), the car company dropped -7.07% to $15.52. As of September, David Tepper holds 7.6 million shares (2.07% of his fund), acquired for $10.98. Ray Dalio has F stakes as well, he bought up 262,000 shares for $16.57 during last quarter. The position composes 0.04% of his fund.
The third and final stock in our midday losers list is LinkedIn Corporation (NYSE:LNKD), the professional social network decreased -4.62% its price, hitting $213.26. Over last quarter, George Soros reported a position of 5,000 shares (0.01% of his fund) purchased at an average price of $217.22 per asset.