Greenlight Capital

Plenty of investors follow the smart money during 13-F filing season. If the managers running billion-dollar hedge funds are all buying or selling the same stock, it may serve as a strong indication that retail investors should be doing the same. However, sometimes the smart money doesn’t...

Hedge fund guru David Einhorn has nothing but positive reviews for Yelp Inc (NYSE: YELP) and its stock. Back on May 2, 2016, Einhorn disclosed that Greenlight Capital had taken a huge new position in Yelp. “We purchased Yelp at an average price of $21.16,” Einhorn said in a letter to...

Netflix, Inc. (NASDAQ: NFLX) is scheduled to report its fourth-quarter results after Wednesday's market close, but investors shouldn't be rushing in to buy the stock ahead of the print. RBC Capital Market's Mark Mahaney was a guest on CNBC's "Halftime Report" and argued that expectations are set...

Greenlight Capital founder David Einhorn thinks President-elect Donald Trump’s policies could accelerate the economy — and he has a range of investment ideas designed to capitalize on the incoming Trump administration. If the policies Trump has outlined — corporate tax cuts,...

In the heat of American politics, many have reacted to government activity with brash investments, thus launching certain market shares to deceptively high values. One of the fortunate — though temporary — benefactors of this trend is Caterpillar Inc. (NYSE: CAT), which the founder of...

David Einhorn's Greenlight Capital released its quarterly letter to investors and stakeholders on Tuesday. The firm's funds saw a 2.6 percent loss in the second quarter (net of fees and expenses), bringing its year-to-date net return to 0.4 percent. Here are some of the notable highlights from the...

NQ Mobile Inc (ADR) (NYSE: NQ): +15.97 percent The company announced divesting in FL Mobile for $3243.5 million to Beijing Synergy Pharmaceuticals Inc (NASDAQ: SGYP): +5.67 percent Paulson & Co. reported over 27 million share stake Monday Globalstar, Inc. (NYSE: GSAT): +4.36 David Einhorn's...

The all but fantastical performance hedge funds have experienced recently may be coming to an end, according to a Reuters report warning that "there are several signs" the $2.9 trillion industry may be on the decline. Hedge funds, which were demanding hefty fees, are now facing "a storm of...

Deutsche Bank has warned that it still sees low investor interest in the small- and mid-cap Internet space, despite a strong bounce back in shares off February lows. The firm highlighted three companies within the space: Yelp Inc (NYSE: YELP), Shutterstock Inc (NYSE: SSTK) and Zillow Group, Inc.-...

Greenlight Capital's David Einhorn released a letter to his fund's investors that detailed several moves in the quarter - including a new position in Yelp Inc (NYSE: YELP). Einhorn said in his letter Yelp is a "five stars" stock and a position was established at an average...

David Einhorn released his Q1 2016 letter to Greenlight Capital investors on Monday. Greenlight returned 3 percent net of fees and expenses during the quarter, the letter showed. Among several other highlights including what he termed as "winners" in Michael Kors Holdings Ltd (NYSE...

Statistics is a growing sub-industry within the sporting world, where the analysis of games is exponentially helpful to teams, coaches, recruiters and individual players. Enter Krossover. The New York-based firm recently closed a Series B round of investing totaling $20 million, funded in part by...