Today’s midday gainers are Vipshop Holdings Ltd – ADR (NYSE:VIPS), Nimble Storage Inc (NYSE:NMBL) and Mallinckrodt PLC (NYSE:MNK). The losers are ExOne Co (NASDAQ:XONE), TAL Education Group (ADR) (NYSE:XRS) and BioFuel Energy Corp. (NASDAQ:BIOF).
Vipshop Results Spur Slight Price Surge
Vipshop Holdings Ltd – ADR (NYSE:VIPS) jumped +4.27% midday today on news of strong revenue and earnings growth. VIPS is in the investment portfolios of Tiger Global and George Soros.
Was Ben Graham's big purchase of GEICO shares actually a value investment? Perhaps it was contrary to what many believe. "In 1948, we made our GEICO investment and from then on, we seemed to be very brilliant people." -- Benjamin Graham, 1976 Both Benjamin Graham and Warren Buffett can attribute a large part of their Read More
Another Tiger pick, Nimble Storage Inc (NYSE:NMBL), surged +4.12% after the announcement of an agreement with Ingram Micro.
Last up is Mallinckrodt PLC (NYSE:MNK), up +3.14%. The John Paulson allocation got an increase of its target price by Jefferies Group.
3D printer manufacturer and Tiger Global pick ExOne Co (NASDAQ:XONE) dipped -15.08%. The company posted negative results yesterday after the closing bell, including an especially significant loss on EPS.
The share price of TAL Education Group (ADR) (NYSE:XRS) dropped -10.41%. The company announced an offer for $200 million convertible senior notes due in 2019, and investors apparently didn’t welcome the move. Tiger and Richard Chilton both have bets placed on XRS.
BioFuel Energy Corp. (NASDAQ:BIOF) dropped -9.62% midday today. The David Einhorn and Daniel Loeb pick is still up +235.60% YTD, even as questions arise regarding the business from Nasdaq.