Today’s midday gainers are HD Supply Holdings Inc (NASDAQ:HDS), International Tower Hill Mines Ltd (NYSEMKT:THM) and TAL Education Group (ADR) (NYSE:XRS). The midday losers are Himax Technologies, Inc. (ADR) (NASDAQ:HIMX), Idenix Pharmaceuticals Inc (NASDAQ:IDIX) and PennyMac Financial Services Inc (NYSE:PFSI).
HD Supply Holdings Up on Narrower Loss
The top gainer at midday this Tuesday is HD Supply Holdings Inc (NASDAQ:HDS), an industrial distributor in North America, up +8.75%. The company reported today that its losses for the fourth quarter narrowed in comparison to the last quarter of 2012. HDS is in the portfolio of David Tepper.
Q2 Hedge Funds Resource Page Now LIVE!!! Lives, Conferences, Slides And More [UPDATED 7/6 22:21 EST]
Simply click the menu below to perform sorting functions. This page was just created on 7/1/2020 we will be updating it on a very frequent basis over the next three months (usually at LEAST daily), please come back or bookmark the page. As always we REALLY really appreciate legal letters and tips on hedge funds Read More
Secondly is International Tower Hill Mines Ltd (NYSEMKT:THM), up +8.02%. Already a veteran in our reports, it is still up on the heels of its year-end report and analysis. THM is up +113.77% YTD and is part of the holdings of John Paulson.
Himax Technologies share downgraded
Topping our loser’s list is Himax Technologies, Inc. (ADR) (NASDAQ:HIMX), down -13.53%. The shares of Himax are being hurt by today’s announcement of a downgrade from BofA Merrill Lynch. HIMX represents almost 9% of Tiger Global’s portfolio.
Second is Idenix Pharmaceuticals Inc (NASDAQ:IDIX), down -4.91%. The Seth Klarman asset and producer of treatments for viral diseases has reported that it will be doing presentations on several new products in April, but did not ease investors’ anxiety over their results.
Last but not least is PennyMac Financial Services Inc (NYSE:PFSI), down -4.41%. This Leon Cooperman pick has just announced the commencement of an underwritten secondary public offering of Class A common stock, which will likely dilute the stakes of other holders.