Troubled Apparel Retailers dELiA*s, Wet Seal Bounce

dELiA*s, Inc. NASDAQ: DLIA, The Wet Seal, Inc. NASDAQ: WTSL and Allied Nevada Gold Corp. NYSEMKT: ANV have made notable gains in trading today. In the red this Thursday are Jumei International Holding Ltd NYSE: JMEI, Tasman Metals Ltd NYSEMKT: TAS and Voltari Corp NASDAQ: VLTC.

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Wet Seal

Wet Seal Surges

dELiA*s, Inc. ( DLIA) surged +31.38% today, though it's still down -85.7% for the year. Billionaire investor Leon Cooperman initiated a 4.26-million-share position in the retailer in Q3, and Tiger Global has held 3.4 million shares since the end of 2013.

The Wet Seal, Inc. ( WTSL) climbed +17.08% on the heels of a letter from Clinton Group detailing strategic and financial options for the company. The fashion apparel retailer has declined -86.57% year-to-date and -16.66% over the past month.

The share price of Allied Nevada Gold Corp. NYSEMKT:ANV jumped +16.11% today, bouncing back after plummeting yesterday. The gold and silver producer, a holding of both George Soros and John Paulson, has rallied +42.92% within the past five days.

Jumei Takes a Dive on Downbeat Earnings Report

Jumei International Holding Ltd ( JMEI) plummeted -10.44%. The Chinese online beauty products retailer hit a new 52-week low today after missing the mark on its Q3 results. George Soros closed out his JMEI stake in Q3.

Tasman Metals Ltd NYSEMKT:TAS dipped -7.8%, putting its one-month loss at -28.76%. The junior resource company, a long-time Soros holding, is down -53.43% year-to-date.

Carl Icahn investment Voltari Corp ( VLTC) fell -6% this Thursday. A provider of merchandising, digital marketing and advertising solutions, VLTC has declined -51.25% over the past six months.

The post Troubled Apparel Retailers dELiA*s, Wet Seal Bounce appeared first on ValueWalk.

-By iBillionaire

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