Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS), Amicus Therapeutics, Inc. (NASDAQ:FOLD) and KiOR Inc (OTCMKTS:KIORQ) reached midday making gains this Monday. In the red today are dELiA*s, Inc. (NASDAQ:DLIA), William Lyon Homes (NYSE:WLH) and The Wet Seal, Inc. (NASDAQ:WTSL).
Gates Capital Management's Excess Cash Flow (ECF) Value Funds have returned 14.5% net over the past 25 years, and in 2021, the fund manager continued to outperform. Due to an "absence of large mistakes" during the year, coupled with an "attractive environment for corporate events," the group's flagship ECF Value Fund, L.P returned 32.7% last Read More
Sunesis, Amicus Soar on Data Announcements
Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS) jumped +51.2% early in the day following the announcement that the company will reveal the results of one of its late-stage drug trials in December. Despite today’s gain, SNSS has declined -48.31% year-to-date.
Amicus Therapeutics, Inc. (NASDAQ:FOLD) got a +15.82% boost off of positive data from one of its product trials. The biopharmaceutical company has had a strong run in recent weeks, its price climbing +17.83% over the past month. Billionaire investor George Soros exited his position in the company in Q3.
The share price of KiOR Inc (OTCMKTS:KIORQ), another ex-Soros holding, surged +15% today, though it’s still down -99.32% year-to-date. The renewable fuels company has fallen -84.25% in the past month alone.
dELiA*s Dips Again
dELiA*s, Inc. (NASDAQ:DLIA) dipped -13.71%, putting its five-day loss at -22.83%. It’s been a tough year for the retailer, the share price of which has fallen -88.86% year-to-date. Despite the stock’s poor performance, Tiger Global has maintained its 3.4-million-share DLIA position since first investing in Q4 2013, and Leon Cooperman initiated a new stake with the purchase of 4.26 million shares in Q3.
William Lyon Homes (NYSE:WLH) plummeted -11.74% early in the day. John Paulson holds 3.32 million WLH shares, a position he initiated in Q2 2013.
The Wet Seal, Inc. (NASDAQ:WTSL) hit midday down -11.64% on the heels of a rating downgrade from analysts at B. Riley. The fashion apparel retailer has had a tough go in 2014, its price falling -91.57% year-to-date.