Gold Fields Limited (ADR) (NYSE:GFI), Harmony Gold Mining Co. (ADR) (NYSE:HMY) and Celladon Corp (NASDAQ:CLDN) are this Tuesday’s top gainers on Wall Street. On the losing end are MakeMyTrip Limited (NASDAQ:MMYT), NanoString Technologies Inc (NASDAQ:NSTG) and Tableau Software Inc (NYSE:DATA).
Ray Dalio’s picks Gold Fields Ltd. and Harmony Gold Surge
Gold Fields Limited (ADR) (NYSE:GFI) ended the day up +6.35% following news that it has reached a contract with its bank group to amend and extend certain facilities. In the investment portfolios of John Paulson and Ray Dalio, GFI has rallied +20.31% in 2014.
David Einhorn's Greenlight Capital returned -2.9% in the second quarter of 2021 compared to 8.5% for the S&P 500. According to a copy of the fund's letter, which ValueWalk has reviewed, longs contributed 5.2% in the quarter while short positions detracted 4.6%. Q2 2021 hedge fund letters, conferences and more Macro positions detracted 3.3% from Read More
Harmony Gold Mining Co. (ADR) (NYSE:HMY), another Dalio gold pick, surged +4.75%. Its price has gained +22.13% this year and +16.6% in the past month.
A new Q1 investment for Farallon Capital, Celladon Corp (NASDAQ:CLDN) takes the last spot on today’s list of gainers and closed the day up +4.42%. It is a clinical-stage biotech company that develops treatment for heart failure, diabetes and neurodegenerative diseases. Yesterday, the company announced two new clinical development initiatives for its lead product candidate. Celladon’s price is up +86.55% in 2014.
MakeMyTrip Dips, Remains Strong Long-Term
MakeMyTrip Limited (NASDAQ:MMYT) is today’s biggest loser, its price dipping -12.13% by market close. The India-based online travel company has had an impressive run over the past year, its price climbing +96.74% over the past 365 days. With 7.18 million MMYT shares in its portfolio across several quarters, Tiger Global has quite a bit to gain with this one despite today’s loss.
NanoString Technologies Inc (NASDAQ:NSTG), a new Q1 acquisition for billionaire investor George Soros, fell -10.19%. The life science tool company has had a rough go in 2014, its price declining -28.94% since the start of the year.
Down -10.13%, Tableau Software Inc (NYSE:DATA) takes the last spot on this Tuesday’s list of losers. Julian Robertson initiated a position in the company in Q4 2013, and George Soros has been increasing his allocation across a handful of quarters. Both have posted losses in their Tableau investments so far.