Starting off the week strong are Pandora Media Inc (NYSE:P), Solarcity Corp (NASDAQ:SCTY), Penn Va Corp. (NYSE:PVA). On the other end of the spectrum are Sarepta Therapeutics Inc (NASDAQ:SRPT), Dryships Inc. (NASDAQ:DRYS) and Tempur Sealy International Inc (NYSE:TPX).
Pandora is today’s top performing stock
Topping off our midday gainers list this Monday is Pandora Media Inc (NYSE:P). The internet radio service provider shot up +10.62%, hitting $30.40. Billionaire Steve Mandel holds a little over 20 million P shares, composing 2.33% of his fund. The investor paid an average price of $24.59 per asset. George Soros has a 78,000-share position as well.
At the 2021 SALT New York conference, which was held earlier this week, one of the panels on the main stage discussed the best macro shifts coming out of the pandemic and investing in value amid distress. The panel featured: Todd Lemkin, the chief investment officer of Canyon Partners; Peter Wallach, the managing director and Read More
Solarcity Corp (NASDAQ:SCTY) is the second stock in our midday gainers list. The solar systems company rose +9.13% today, reaching $64.88. As of September, Tiger Global holds 500,000 shares (0.29% of the fund), acquired at an average $36.89 each.
Rounding out today’s midday gainers list is Penn Va Corp. (NYSE:PVA), an independent gas company that increased +8.99% to $9.85. This was again good news for Soros, who holds a six-million-share stake in the company (0.45% of his portfolio).
First on today’s midday losers list is Sarepta Therapeutics Inc (NASDAQ:SRPT), which dipped -10.86% to $17.86. Last quarter, Soros reported holding 655,000 shares of SRPT, his position in which he’s been increasing since September 2012.
Following Sarepta Therapeutics is Dryships Inc. (NASDAQ:DRYS), its stock price dropping -6.09% to $4.03 today. Billionaire Richard Chilton owns 3.2 million shares (0.32% of his portfolio), acquired at an average price of $2.77 per asset. Soros is also a shareholder here, with 590,000 assets (a 0.02% exposure).
The last stock on this Monday’s midday losers list is Tempur Sealy International (NYSE:TPX). Its stock price fell -5.72%, hitting $51.75. According to his last 13F, investor Jorge Lemann owns 720,000 shares, acquired at an average price of $43.90 each. This position composes 3.35% of the billionaire’s holdings. Another big player with stakes in TPX is David Einhorn, who owns 1.1 million shares of the company (0.9% of his holdings).