Vipshop, Autohome, Sunedison Surge In Midday Trading

Vipshop, Autohome, Sunedison Surge In Midday Trading

Today’s midday gainers are Vipshop Holdings Ltd – ADR (NYSE:VIPS), Autohome Inc (ADR) (NYSE:ATHM) and Sunedison Inc (NYSE:SUNE). The losers are Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) and Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA) and McDermott International (NYSE:MDR).

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China’s Vipshop, Autohome Surge

With an impressive +32.77% jump, today’s top midday gainer is Chinese online retailer Vipshop Holdings Ltd – ADR (NYSE:VIPS). The stock is up +102.02% this year, today’s surge fueled by impressive Q4 results. VIPS is held by Tiger Global and George Soros.

At a distant second is Autohome Inc (ADR) (NYSE:ATHM), up +11.89%. The stock price of the Chinese car content website has increased +30.40% in just a week, as it delivered strong results in late February. Tiger Global also has a position in ATHM.

[Exclusive] ExodusPoint Is In The Green YTD Led By Rates And EM/ Macro Strategies

Invest ESG Leon CoopermanThe ExodusPoint Partners International Fund returned 0.36% for May, bringing its year-to-date return to 3.31% in a year that's been particularly challenging for most hedge funds, pushing many into the red. Macroeconomic factors continued to weigh on the market, resulting in significant intra-month volatility for May, although risk assets generally ended the month flat. Macro Read More

Last on today’s list of midday gainers is Sunedison Inc (NYSE:SUNE). It jumped +10.6% after announcing a deal with Deutsche Bank to construct a new power generation facility in the United Kingdom. Leon Cooperman, David Einhorn, and George Soros have bet on SUNE.

McDermott International having a rough day

Having a rough start to the day is McDermott International (NYSE:MDR), down -8.25% after posting unimpressive results. David Einhorn is affected by this one.

Note: This article originally included Liberty Global’s stock split as an apparent dive in the stock, and has since been removed.

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