dELiA*s, Inc. (NASDAQ:DLIA), Enbridge Inc (NYSE:ENB) and Mazor Robotics Ltd – ADR (NASDAQ:MZOR) are climbing on the market this Thursday. Taking tumbles are Kindred Biosciences Inc (NASDAQ:KIN), UTi Worldwide Inc. (NASDAQ:UTIW) and Talisman Energy Inc. (NYSE:TLM).
This Tiger Cub Giant Is Betting On Banks And Tech Stocks In The Recovery
The 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
Enbridge Gains on Dividend Announcement
dELiA*s, Inc. (NASDAQ:DLIA) rallied +20.58% early in the day, bouncing back after yesterday’s -12.55% dive. The troubled retailer has declined -86.81% year-to-date. Notably, Leon Cooperman initiated a position in the company in Q3 with the purchase of 4.26 million shares. Chase Coleman’s Tiger Global has held 3.4 million DLIA shares since the fourth quarter of 2013.
Enbridge Inc (NYSE:ENB) climbed +12.28% after announcing a 33% boost to its dividend as part of a larger restructuring plan. The energy distribution and transportation company is a long-time Ray Dalio pick and has been in the Bridgewater Associates portfolio since 2011.
Mazor Robotics Ltd – ADR (NASDAQ:MZOR) gained +7.6% this Thursday, putting its five-day gain at +9.26%. The company said today that it has a Renaissance systems to one of the largest Catholic Health organizations in the United States. The Israel-based company is one of George Soros’ international investments.
Talisman Energy Continues to Spiral
Kindred Biosciences Inc (NASDAQ:KIN) plummeted -33.01% in the wake of a handful of analyst downgrades. The biotech company has had a rough go in 2014, its price falling -46.17% year-to-date. As of Q3, Thomas Steyer’s Farallon Capital holds 175,000 KIN shares.
UTi Worldwide Inc. (NASDAQ:UTIW) tumbled -10.81%, coming back down from yesterday’s +20.28% climb – the result of news that it’s in talks to be acquired by Nordic trucking company DSV A/S. UTIW, a Tiger Global pick, has gained +19.09% over the past three months.
Talisman Energy Inc. (NYSE:TLM) dipped -9.94%, putting its five-day loss at -34.14% and reaching a new 52-week low. TLM is one of the energy stocks weighing down Carl Icahn, who owns 76 million of the company’s shares. It’s also in the investment portfolio of Ray Dalio.