Paulson Takes a Hit with Family Dollar Dive

Paulson Takes a Hit with Family Dollar Dive
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Today’s midday gainers are Allied Nevada Gold Corp. (NYSEMKT:ANV), United Continental Holdings Inc (NYSE:UAL) and Voltari Corp (NASDAQ:VLTC). The losers: Federal-Mogul Corp (NASDAQ:FDML), International, Ltd. (ADR) (NASDAQ:CTRP) and Family Dollar Stores, Inc. (NYSE:FDO).

Allied Nevada is today’s top performing stock

Topping off our midday gainers list is Allied Nevada Gold Corp. (NYSEMKT:ANV). The gold and silver producer’s stock price shot up +12.28, reaching $4.31. The only billionaire tracked by iBillionaire with a position in ANV John Paulson, with 1.5 million shares.

Consistency is what makes the top 50 best-performing hedge funds so strong

Every month and quarter, multiple reports on average hedge fund returns are released from several sources. However, it can be difficult to sift through the many returns to uncover the most consistent hedge funds. The good news is that Eric Uhlfelder recently released his "2022 Survey of the Top 50 Hedge Funds," which ranks the Read More

Following Allied Nevada Gold Corp. is United Continental Holdings Inc (NYSE:UAL), the price of which increased +8.97% today. Billionaire David Tepper holds 8.5 million shares of the transportation services company, representing more than 4% of his portfolio. And with just over 9,000 assets, Ray Dalio is a shareholder as well.

The last company making today’s list is mobile data solutions provider Voltari Corp (NASDAQ:VLTC), which increased +8.65% to $4.09. Carl Icahn holds 678,000 shares (0.01% of his portfolio).

Family Dollar takes Paulson down

It was a rough Thursday for Federal-Mogul Corp (NASDAQ:FDML), its price dropping -12.78%. FDML is one of Carl Icahn’s favorite stocks. The investor owns 121.1 million shares of the company, acquired at an average price of $16.41 each.

Following Federal Mogul Corp is International, Ltd. (ADR) (NASDAQ:CTRP), its stock price dipping -10.69% to hit $39.75 today. Guru George Soros has a 50,000-share position in the company, each asset bought at an average $44.36.

Family Dollar Stores, Inc. (NYSE:FDO) dropped -5.08% to $62.97. John Paulson owns 11.2 million shares of the company, which is one of his biggest bets (5.23% exposure).

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