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Thursday 14 November 2013

Soros Loses on Rackspace and THM

Today’s midday gainers are InterOil Corporation (NYSE:IOC), Western Refining, Inc. (NYSE:WNR), DISH Network Corp (NASDAQ:DISH) and midday losers are Sarepta Therapeutics Inc (NASDAQ:SRPT), Rackspace Hosting, Inc. (NYSE:RAX), International Tower Hill Mines Ltd (NYSEMKT:THM).

The stock with a major gain today is InterOil Corporation (NYSE:IOC). The energy company surged +21.44% ($81.42) after reporting solid Q3 earnings. Billionaire John Paulson holds 1.7 million IOC shares, representing 0.85% of his fund. The shareholder paid an average price of $66.64 per asset.

The second company with a great performance today is Western Refining, Inc. (NYSE:WNR). The petroleum firm is up +9.76% and now trading at $36.33 after an upgrade to a “buy” rating by Goldman Sachs. Last quarter, George Soros bought 310,000 shares (0.09% of his portfolio) for $30.87 each.


Sources: http://www.valuewalk.com/2013/11/buffett-wins-dish-soros-loses-rackspace-thm/

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