Enphase Energy Takes a Temporary Tumble

Enphase Energy Takes a Temporary Tumble

Criteo SA (ADR) (NASDAQ:CRTO), Uranium Energy Corp. (NYSEMKT:UEC) and Cal Dive International, Inc. (OTCMKTS:CDVI) are making major climbs on the market this Wednesday. Taking tumbles are Zagg Inc (NASDAQ:ZAGG), Enphase Energy Inc (NASDAQ:ENPH) and Zulily Inc (NASDAQ:ZU).

Sign Up For Our Free Newsletter

Seth Klarman’s 2021 Letter: Baupost’s “Never-Ending” Hunt For Information

Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More

Criteo Continues to Climb

The share price of Criteo SA (ADR) (NASDAQ:CRTO) climbed +18.43% early in the day, getting a boost off of its Q3 results and raised guidance. The tech company, which went public just a year ago, has gained +18.11% in the past three months. It has been in the Tiger Global portfolio since Q4 2013.


New Q2 George Soros acquisition Uranium Energy Corp. (NYSEMKT:UEC) surged +17.42%, putting its five-day gain at +16.22%. The exploration-stage company is still down -35.5% year-to-date.

Cal Dive International, Inc. (OTCMKTS:CDVI) jumped +13.64% today, though it’s still trading close to its 52-week low of $0.08. The Soros holding has had a tough go in recent weeks, with its price falling -88.44% over the past month.

Zulily Dives Despite Earnings Beat

Zagg Inc (NASDAQ:ZAGG) plunged -26.44% after lowering its earnings guidance and posting losses for Q3. A company that designs, manufactures and distributes accessories and power solutions for consumer electric and hand-held devices, Zagg is a new Q2 acquisition for George Soros. Despite today’s dip, it has still gained +16.78% YTD.

The price of Enphase Energy Inc (NASDAQ:ENPH) tumbled -22.05% today – the result of lowered expectations for growth margins in the quarter ahead. The company does, however, expect revenue to beat analysts’ estimates. The solar power solutions firm, a long-time Dan Loeb holding, is still up +46.91% over the past year.

Zulily Inc (NASDAQ:ZU) took a -19.2% dive early in the day despite beating analysts’ expectations in its earnings report. The Tiger Global pick hasn’t had the best of years, as its price has declined -30.68% in 2014.


Updated on

No posts to display