David Einhorn

Shares of Sunedison Inc (NYSE: SUNE) were trading higher by more than 10 percent at $2.91 heading into Monday's opening bell. Investors and traders were likely encouraged by the Wall Street Journal's report that David Einhorn's Greenlight Capital will be given a seat a SunEdison's board of...

It's no secret David Einhorn had a poor 2015. According to a new investor letter from Einhorn's Greenlight Capital, the hedge fund lost 20.2 percent in 2015, down 3.8 percent in the fourth quarter. The fund's annualized return since its 1996 inception is now 16.5 percent. While...

After the S&P 500 roared back over the past six years following the Financial Crisis, the market took a break in 2015, finishing the year down 0.73 percent. Some unfortunate stocks, however, were hit harder than others. With oil and other commodity prices hitting new multi-year lows in 2015,...

Netflix, Inc. (NASDAQ: NFLX) rose higher on Tuesday, and is thus far the S&P 500's top-performing stock of 2015 with a 142 percent gain. So why is Greenlight Capital's David Einhorn bearish? As noted by Valuewalk, Netflix shares have soared while earnings estimates have been...

David Einhorn has been adding to Greenlight Capital’s stake in CONSOL Energy Inc. (NYSE: CNX) as the stock's share price has fallen 80 percent in the past year. Einhorn argues that the decline of coal does not mean that it is going away anytime soon. Einhorn’s DCF analysis...

There has been a heated debate on Wall Street as to whether activist investors are beneficial to both shareholders and companies. Over the past few years, activist investing has taken off, with several big name players pushing for change at some of the world's largest companies. While some argue...

David Einhorn's hedge fund Greenlight Capital released a letter to its investors on Wednesday. The fund returned (14.3) percent, net of fees and expenses, in the third quarter, bringing its year-to-date return to (17.1) percent. The fund added two "medium-sized new long ideas": Michael Kors...

This year has been the worst year for hedge fund shutdowns since 2008. More than 400 funds shut down in the first half of the year. Of the remaining funds, average 2015 returns are nearly flat. There’s no doubt about it: 2015 has been a rough year for hedge funds. New data from Bloomberg...

David Einhorn and Greenlight Capital's second quarter letter is out. Below are the highlights. Netflix: 'Apparently Red Ink Is The New Black' Netflix, Inc. (NASDAQ: NFLX) reported GAAP earnings per share of $0.38 ($0.77 adjusted) versus $0.69 estimates in the first quarter, but...

It is official. We are all just screwed. Janet Yellen told us that stocks are overvalued and potentially dangerous. Warren Buffett said that if interest rates go higher we will find that current stock valuations are high. Of course interest rates have moved higher all over the world as bonds have...

In a presentation at the Sohn Conference in New York on Monday, Greenlight Capital manager David Einhorn gave a humorous but extremely critical presentation about U.S. oil drillers. Einhorn specifically singled out Pioneer Natural Resources (NYSE: PXD) as a driller with a massively...

David Einhorn took the stage at the Ira Sohn Conference and laid into Pioneer Natural Resources (NYSE: PXD). Among many comments, Einhorn said the company "earns a positive but is not a positive value." The stock tumbled more than 6 percent to a low of $162.50. Related Link: Ira...

General Motors Company (NYSE: GM)'s plan to buy back $5 billion in shares helped convince hedge fund manager David Einhorn to take a renewed stake in the automaker. Einhorn's Greenlight Capital Fund outlined the new stake in a letter to shareholders Monday that acknowledged Greenlight...