BioFuel Energy Continues to Soar

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BioFuel Energy Continues to Soar

Today’s top midday gainers are BioFuel Energy Corp. (NASDAQ:BIOF), SanDisk Corporation (NASDAQ:SNDK) and Global Eagle Acquisition Corp (NASDAQ:ENT). The losers are International Tower Hill Mines Ltd (NYSEMKT:THM), Bitauto Hldg Ltd (ADR) (NYSE:BITA) and PDC Energy Inc (NASDAQ:PDCE).

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BioFuel Energy Rises

BioFuel Energy Corp. (NASDAQ:BIOF) surged an impressive +34.49%. It has been an outstanding month for BIOF following Greenlight Capital’s decision to move forward with an acquisition proposal. Shares of BIOF are now up +373.58% YTD.

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SanDisk Corporation (NASDAQ:SNDK) jumped +10.18% following the announcement of its quarterly results, posting better-than-expected revenue and margin numbers. Ray Dalio and George Soros have positions in SNDK.

Rounding out today’s list of gainers is in-flight content provider Global Eagle Acquisition Corp (NASDAQ:ENT), up +6.64% after it releasing a new product line and announcing a new partnership with cruise ships.

International Tower Hill Mines Continues Downward Trend

It’s been a tough couple of days for International Tower Hill Mines Ltd (NYSEMKT:THM), which dipped -5.49% midday today and is down more than -15% over the past week. The John Paulson pick is up +63.95% YTD.

Bitauto Hldg Ltd (ADR) (NYSE:BITA) dipped -4.56% midday this Thursday after yesterday’s jump. BITA is in the portfolios of Tiger Global Management and George Soros.

Last up is another George Soros pick, PDC Energy Inc (NASDAQ:PDCE), which fell -3.64%. It is still up +14.58% YTD and +6.8% in the past week.

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