Tiger Global Picks Zulily, FireEye Plunge Midday

Tiger Global Picks Zulily, FireEye Plunge Midday

The top midday gainers on Wall Street this Wednesday are Caesars Entertainment Corp (NASDAQ:CZR), Enphase Energy Inc (NASDAQ:ENPH) and Mondelez International Inc (NASDAQ:MDLZ). On the flipside are losers Zulily Inc (NASDAQ:ZU), FireEye Inc (NASDAQ:FEYE) and Extreme Networks, Inc (NASDAQ:EXTR).

Caesars Announcement Spurs Price Surge

Caesars Entertainment Corp (NASDAQ:CZR) surged +14.31% after announcing the decision to sell a minority interest in one of its units. This is good news for shareholders Leon Cooperman, John Paulson and George Soros.

Q4 2020 13F Round-Up: Notable Hedge Fund Changes Including Pabrai, Abrams, Price, Klarman And More!

InvestingBelow is our 13F roundup for some high profile hedge funds for the three months to the end of December 2020 (Q4). Also check our screener for more detail! Q4 2020 hedge fund letters, conferences and more The statements only include equity positions as 13Fs do not include cash and debt holdings. What's more, the Read More

Second comes Enphase Energy Inc (NASDAQ:ENPH), its price jumping +14.24%. The Daniel Loeb pick provided strong revenue and earnings guidelines on today’s release.

Also getting a boost from its results announcement is Mondelez International Inc (NASDAQ:MDLZ), up +7.18%. A Soros and Warren Buffett pick, the food and beverage company is now up +7.71% YTD.

Zulily, FireEye Plunge

Zulily Inc (NASDAQ:ZU)’s results provided a grim picture on the company’s earnings, leading the Tiger Global pick to tank -30.30% by midday today.

Shares of FireEye Inc (NASDAQ:FEYE) are also down, their price falling -24.05% – another hit for Tiger.

The stock price of Extreme Networks, Inc (NASDAQ:EXTR) fell sharply as well, plunging -22.32. The firm reported worse-than-expected earnings and is now down -41.40% YTD.

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