Soros Starts the Week Strong with Clear Channel Surge

Today’s midday gainers are Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), Axiall Corp (NYSE:AXLL), Forest Laboratories, Inc. (NYSE:FRX) and midday losers are Cobalt International Energy, Inc. (NYSE:CIE), Dex Media Inc (NASDAQ:DXM), Yume Inc (NYSE:YUME).

Soros Starts the Week Strong with Clear Channel Surge

Soros wins with Clear Channel

Today’s midday gainer is Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), as the advertising company shot up +10.51% to $9.78. Billionaire George Soros holds 1.8 million shares (0.37% of his fund), acquired for $7.82. Ray Dalio owns 50,000 CCO shares, representing 0.01% of his holdings. The investor paid an average price of $7.75.

The second company with the major gain is Axiall Corp (NYSE:AXLL). The stock climbed +8.28% to $49.05. This one is in the holdings of a number of our billionaires. David Tepper holds 1.8 million shares (1.11% of his fund), acquired at $50.58 each. Thomas Stayer owns 775,000 shares (0.60% of his holdings), having paid $47.85 per share. Ray Dalio has a stake in AXLL as well. The investor bought 11,000 shares for $41.49 during last quarter.

Last up is Forest Laboratories, Inc. (NYSE:FRX). The healthcare company increased +6.69% to $54.74 after acquiring exclusive rights in the United States for Saphris (asenapine) sublingual tablets, a treatment for adult patients with schizophrenia or acute bipolar mania. Carl Icahn owns 30.6 million FRX shares (5.33% of his fund), purchased at an average $35.77.

Midday Losers

Topping off our list of midday losers this Monday is Cobalt International Energy, Inc. (NYSE:CIE), which dropped -16.46% to $18.57. Billionaire John Paulson holds 11.6 million shares (1.86% of his fund), acquired for $27.05. And Ray Dalio who owns 52,000 shares (0.01% of his holdings), purchased for $27.16.

Dex Media Inc (NASDAQ:DXM) dipped -10.19% to $6.52. This was another punch for Paulson, who owns 2.2 million shares (0.12% of his portfolio). The investor paid an average price of $16.64 per asset.

The third and final firm on today’s list is Yume Inc (NYSE:YUME). The tech stock decreased -8.01% to $8.04. Billionaire George Soros picked up 400,000 shares for $9.88 during last quarter. Today, this firm represents 0.05% of his fund.

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iBillionaire
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