Ctrip.com Soars On Q4 Numbers

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Ctrip.com Soars On Q4 Numbers

Ctrip.com International (NASDAQ:CTRP), Teck Resources Ltd. (NYSE:TCK) and HudBay Minerals Inc. (NYSE:HBM) hit midday well in the green this Friday. Gulf Coast Ultra Deep Royalty Trust (NASDAQ:GULTU), AK Steel Holding Corp. (NYSE:AKS) and MacroGenics Inc. (NASDAQ:MGNX) are in the red.

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Nestle Dan Loeb Daniel Loeb third point capital hedge fund manager activist investor poison pen activism Yahoo corporate governance famous investorsDan Loeb's Third Point returned 11% in its flagship Offshore Fund and 13.2% in its Ultra Fund for the first quarter. For April, the Offshore Fund was up 1.7%, while the Ultra Fund gained 2.3%. The S&P 500 was up 6.2% for the first quarter, while the MSCI World Index gained 5%. Q1 2021 hedge Read More


Ctrip.com Climbs

Ctrip.com soared +22.97% after reporting 33% revenue growth for the fourth quarter. In the portfolios of billionaires George Soros and Julian Robertson, the China-based travel platform has gained nearly +30% over the past five days.

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Tech Resources gained +9.11% this morning, though it’s still down about -26% over the past year. The diversified resource company can be found among Ray Dalio’s holdings.

HudBay minerals climbed +8.97%. A mining company based in Canada, HudBay had its price target raised from $11.00 to $13.00 by analysts at RBC Capital earlier this month. Richard Chilton has a small HBM stake.

AK Steel Drops After Warning of Q1 Loss

Gulf Coast Ultra Deep Royalty Trust tumbled -9.9%. Short interest in the stock is actually on the decline, though it is still down nearly -45% year-to-date. Leon Cooperman and John Paulson have positions in the company.

AK Steel Holding Company dipped -5.95% and is down nearly -35% YTD. News broke this week that the company anticipates a first quarter loss. As of his most recent 13F filing, Jorge Lemann holds 2.58 million AKS shares.

MacroGenics Inc. fell -5.51% early in the day. Billionaires Julian Robertson and George Soros overlap on the stock.

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