dELiA*s, Inc. (NASDAQ:DLIA), Qihoo 360 Technology Co Ltd (NYSE:QIHU) and Sunedison Semiconductor Ltd (NASDAQ:SEMI) are climbing this Tuesday. Fred’s, Inc. (NASDAQ:FRED), Alpha Natural Resources, Inc. (NYSE:ANR) and Voltari Corp (NASDAQ:VLTC), on the other hand, are falling.
Qihoo 360 Climbs on Earnings Beat
dELiA*s, Inc. (NASDAQ:DLIA) surged +22.09% today – to the delight of Leon Cooperman and Chase Coleman’s Tiger Global, holders of 4.26 million and 3.4 million DLIA shares, respectively. The troubled retailer, which is down -84.88% YTD, has managed to climb +1.53% over the past month.
Qihoo 360 Technology Co Ltd (NYSE:QIHU) climbed +7.28% after beating expectations on earnings. The Chinese internet security company, a new Q3 buy for billionaire investor George Soros, has gained +9.68% over the past month.
[drizzle]Sunedison Semiconductor Ltd (NASDAQ:SEMI) gained +7.18% today and has gained +15.53% since being spun off from SunEdison (NYSE:SUNE) in May.
Icahn Pick Voltari Stumbles
Discount retailer Fred’s, Inc. (NASDAQ:FRED) dipped -8.75% after updating its fourth quarter earnings guidance. The company’s share price has fallen -17.67% year-to-date.
Alpha Natural Resources, Inc. (NYSE:ANR) tumbled -8.4%, putting its five-day loss at -14.81%. Short interest in the company is on the rise, and though its one-year default probability has dropped, its bonds tell a different tale. ANR, a Jorge Lemann holding, has declined -68.98% year-to-date.
Voltari Corp (NASDAQ:VLTC) fell -7.96% today and has declined -23.53% over the past month. The mobile data solutions provider has been in Carl Icahn’s portfolio since the second quarter of 2013. Given the stock’s -74% drop over the past year, it’s likely the activist has, thus far, posted a loss on the investment.