Today’s midday gainers are Resource America Inc (NASDAQ:REXI), William Lyon Homes (NYSE:WLH), Unwired Planet Inc (NASDAQ:UPIP) and daily losers are Micron Technology, Inc. (NASDAQ:MU), Ford Motor Company (NYSE:F), LinkedIn Corp (NYSE:LNKD).
Resource America is today’s top performing stock
Today’s midday gainer is Resource America Inc (NASDAQ:REXI), the asset management company shot up +5.49% to $9.41. As of September, Leon Cooperman holds 814,000 shares (0.09% of his fund) acquired at an average price of $6.39.
Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More
The second company in our midday gainer list is William Lyon Homes (NYSE:WLH), the stock increased +4.59% to $19.81. According to the last 13F’s, investor John Paulson holds a 3.3 million shares position (0.44% of his fund). The billionaire paid an average price of $25.14 per asset.
Last but not least is Unwired Planet Inc (NASDAQ:UPIP), the tech company climbed +3.76% to $1.38. Billionaire George Soros holds 6.4 million shares, composing 0.12% of his fund. The investor paid an average price of $2.57 per asset.
On the top of our midday losers list is Micron Technology, Inc. (NASDAQ:MU), the tech firm dipped -8.03% to $21.08. This stock is the favourite of many of our billionaires, for instance, Seth Klarman holds 64 million shares (31.95% of his holdings), purchased for $12.89 per share. Richard Chilton owns 2.5 million shares, composing 1.23% of his fund. The investor paid an average price of $8.74 per share. Another investor with a position in MU is Ray Dalio. During the last quarter the billionaire investor increased his position to 1.9 million shares (0.29% of his portfolio).
Following Micron Technology is Ford Motor Company (NYSE:F), the car company dropped -7.07% to $15.52. As of September, David Tepper holds 7.6 million shares (2.07% of his fund), acquired for $10.98. Ray Dalio has F stakes as well, he bought up 262,000 shares for $16.57 during last quarter. The position composes 0.04% of his fund.
The third and final stock in our midday losers list is LinkedIn Corporation (NYSE:LNKD), the professional social network decreased -4.62% its price, hitting $213.26. Over last quarter, George Soros reported a position of 5,000 shares (0.01% of his fund) purchased at an average price of $217.22 per asset.