|Bid||8.48 x 1300|
|Ask||8.90 x 800|
|Day's Range||8.55 - 8.99|
|52 Week Range||8.34 - 15.45|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 29, 2019 - Aug 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.00|
It is no secret that David Einhorn (Trades, Portfolio)'s hedge fund Greenlight Capital has struggled in recent years. 2018 saw Greenlight post its worst performance in its 22-year history with a staggering 34% loss. Warning! GuruFocus has detected 7 Warning Signs with AMT.
Greenlight’s main fund, which plunged 34% in 2018, is now up 17% this year, according to an investor update seen by Bloomberg. The HFRX Global Hedge Fund Index, an early indicator of industry performance, gained 2.6% this year through May 30. Einhorn has been taking fewer, more concentrated bets after losses last year coupled with client withdrawals caused assets at his hedge fund to shrink by about 60% to $2.5 billion at the start of the year.
The automaker’s stock is among the hardest hit in the industry after Trump said he would slap tariffs of as much as 25% on goods from Mexico, the largest source of U.S. vehicle and auto-parts imports. GM dropped 4.5% at 11:10 a.m. and is down about 15% since the beginning of May amid a loss in U.S. market share. Greenlight has been resurgent in 2019, gaining almost 19% through April after suffering its worst year on record in 2018.
Could Einhorn’s Top Positions Turn His Fund's Performance Around?(Continued from Prior Part)Short positionsIn its Q1 investor letter, Greenlight Capital (GLRE) stated that partnerships had an average exposure of 112% long and 70% short. Its major
Could Einhorn’s Top Positions Turn His Fund's Performance Around?(Continued from Prior Part)Teekay LNG PartnersDavid Einhorn’s Greenlight Capital (GLRE) initiated a new stake in Teekay LNG Partners (TGP) during the first quarter of 2019. The
Could Einhorn’s Top Positions Turn His Fund's Performance Around?(Continued from Prior Part)Stake increasesDavid Einhorn’s Greenlight Capital’s (GLRE) largest stake increase in percentage terms was in Consol Energy (CEIX), in which GLRE
Could Einhorn’s Top Positions Turn His Fund's Performance Around?David Einhorn’s top holdingsAt the end of the first quarter, David Einhorn’s Greenlight Capital’s (GLRE) three largest positions were as follows:General Motors (GM), which
As anyone who follows my articles will know, I have been following the performance of David Einhorn (Trades, Portfolio)'s Greenlight Capital closely over the past two years. Warning! GuruFocus has detected 7 Warning Sign with COST.
The big shareholder groups in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) have power over the company. Institutions will...
Sohn Conference 2019: Here Are David Einhorn's Stock Picks(Continued from Prior Part)David Einhorn is a Tesla bearGreenlight Capital’s (GLRE) founder, David Einhorn is known for being short on Tesla (TSLA). In his recent investor letter, he again
Sohn Conference 2019: Here Are David Einhorn's Stock Picks(Continued from Prior Part)AerCap’s performanceAerCap (AER) has been one of the top contributors to Greenlight Capital’s (GLRE) performance YTD. As of May 6, AerCap’s stock has returned
Sohn Conference 2019: Here Are David Einhorn's Stock PicksDavid Einhorn’s stock picksThe 24th Annual Sohn Investment Conference was held in New York on May 6. Greenlight Capital’s (GLRE) founder David Einhorn was one of the investment bigwigs
GRAND CAYMAN, Cayman Islands, May 06, 2019 -- Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today announced financial results for the first.
David Einhorn, president of Greenlight Capital, at the Sohn Investment Conference on Monday said his firm is positive on airplane leasing company AerCap Holdings and negative on railcar leasing company ...
At the Sohn Investment Conference on Monday, Greenlight Capital founder David Einhorn said CEO Elon Musk's Tesla promises are "horse---t."
David Einhorn Makes a Comeback in 2019(Continued from Prior Part)Hedge funds’ comeback As reported by Bloomberg, “the HFRX Global Hedge Fund Index, an early indicator of the industry performance, gained 3.3 percent this year through April 29.”
David Einhorn Makes a Comeback in 2019Greenlight Capital’s performance in 2018 While last year wasn’t good for hedge funds in general, it turned out to be the worst on record for David Einhorn’s Greenlight Capital (GLRE). His fund lost 34%,
Hedge fund manager David Einhorn, whose hedge fund Greenlight Capital suffered double digit losses, is up nearly 19 percent in the first four months of 2019, a person familiar with the numbers said on ...