MacroGenics Inc. NASDAQ:MGNX, Rite Aid Corporation NYSE:RAD and Voltari Corporation NASDAQ:VLTC made major gains on the market this Thursday. Posting losses are Silicon Image Inc. NASDAQ:SIMG, Linn Energy LLC NASDAQ:LINE and SandRidge Energy Inc. NYSE:SD. Rite Aid Climbs on Impressive Earnings MacroGenics Inc. climbed +15.66% today, putting its one-month gain at +37.63%. The clinical-stage biopharmaceutical company has been in George Soros' portfolio since the second quarter of the year. As of his most recent regulatory filing, the billionaire holds 19,000 MGNX shares. Rite Aid Corporation ended the day up +11.88% thanks to impressive earnings results and increased full-year guidance. The retail drugstore chain has climbed +33.99% YTD, to the benefit of billionaire shareholder Ray Dalio. Leon Cooperman Picks LINE, SD Plunge Carl Icahn pick Voltari Corp bounced +11.41%, though it's still down -77.26% in 2014. The company delivers merchandising, digital marketing and advertising solutions via smartphones and other mobile devices. The share price of Silicon Image tumbled -27.3% today after the company issued a sales warning for fiscal 2015. The connectivity solutions provider said the drop in revenue is a result of a "reduction in mobile design wins at one of its largest customers." A new Q3 buy for George Soros, SIMG is down about -10% over the past 30 days. Linn Energy dropped -11.52%, putting its one-month loss at -47.8% and year-to-date performance at -61.09%. The independent oil and natural gas company is a long-time Leon Cooperman holding. SandRidge Energy Inc. dropped -8.54% this Thursday in the wake of comments made by Leon Cooperman on an interview with CNBC. "If present prices persisted for several years, SandRidge's would be an issue," he explained, clarifying that his fund, Omega Advisors, still owns the company, though its price decline has caused its allocation to decrease. SD has plummeted -70.02% year-to-date. Leon Cooperman’s Comments Spur SandRidge Energy Plunge appeared first on ValueWalk. -By iBillionaire
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Stocks
Jim Cramer Unveils His 5 Rules for Trading Stocks During Earnings Season
Jim tells members of his Action Alerts PLUS club for investors what to look for when earnings reports come in.
Pinterest vs. Zoom vs. Lyft: Which Tech IPO Should You Choose? -- ICYMI
Zoom is profitable already but has a very lofty valuation, while Pinterest has some clear advantages over Lyft but one big con.
Comcast Regains Its Swagger in a Brutal New Era of Streaming
Customers have a love/hate relationship with the cable TV industry because of continuously rising prices and poor customer service. The flip side is that cable TV, as a product, works, and Comcast can exploit that like no other.