Celladon Corp Continues Post-IPO Climb

Making noteworthy gains on the market this Tuesday are bluebird bio Inc (NASDAQ:BLUE), Mazor Robotics Ltd – ADR (NASDAQ:MZOR) and Celladon Corp (NASDAQ:CLDN). CONN’S, Inc. (NASDAQ:CONN), Allied Nevada Gold Corp. (NYSEMKT:ANV) and UTi Worldwide Inc. (NASDAQ:UTIW), on the other hand, are taking tumbles.

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This Tiger Cub Giant Is Betting On Banks And Tech Stocks In The Recovery

D1 CapitalThe first two months of the third quarter were the best months for D1 Capital Partners' public portfolio since inception, that's according to a copy of the firm's August update, which ValueWalk has been able to review. Q2 2020 hedge fund letters, conferences and more According to the update, D1's public portfolio returned 20.1% gross Read More


bluebird bio Soars

Biotech company bluebird bio Inc (NASDAQ:BLUE) soared +70.62% early in the day after announcing that early research into its treatment for a genetic blood condition has showed promise. The stock has gained more than +100% over the past five days – much to the benefit of billionaire Leon Cooperman, who initiated a position in BLUE in Q3.

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Mazor Robotics Ltd – ADR (NASDAQ:MZOR) climbed +16.25% on news of purchase orders for three more of its Renaissance Systems. The Israel-based company, a George Soros holding, has rallied +29.25% over the past month and +33.02% in the past week alone.

Celladon Corp (NASDAQ:CLDN) surged +15.82% today. The biotech stock has gained +95.35% since its late January IPO. It’s proven a strong bet for Thomas Steyer’s Farallon Capital, which initiated a stake in the first quarter of the year and as of Q3 holds 200,000 CLDN shares.

CONN’s Inc. Plunges

CONN’S, Inc. (NASDAQ:CONN) plunged -42.52% in the wake of its Q3 results and withdrawn 2015 forecast. The home appliances and consumer electronics retailer also announced the exit of its CFO. David Einhorn picked up a stake in the company in Q1 and as of Q3 holds 3.56 million CONN shares. He’s likely posting a loss on this one, giving the stock’s -75% decline YTD.

Allied Nevada Gold Corp. (NYSEMKT:ANV) tumbled -36.6% after raising $21.5 million in a heavily discounted sale of shares and stock warrants. The gold and silver producer has fallen -72.27% over the past year. John Paulson is a long-time ANV shareholder, and George Soros bought into the company in Q2.

UTi Worldwide Inc. (NASDAQ:UTIW) dipped -12.73% after posting weaker than expected results and announcing the resignation of its CEO. The supply chain solutions company, a Tiger Global pick, is down -35.08% YTD, though it has rebounded a slight +1.97% over the past month.

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