Town Sports International Holdings Inc.
NASDAQ:CLUB, Allied Nevada Gold Corp.
NYSEMKT:ANV and Harmony Gold Mining Co.
NYSE:HMY have commenced the week with noteworthy gains on Wall Street.
Taking tumbles this Monday are Bitauto Holding Ltd.
NYSE:BITA, Sarepta Therapeutics Inc.
NASDAQ:SRPT and SanDisk Corporation
NASDAQ:SNDK.
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Gold Rally Gives ANV, HMY a Boost Town Sports International surged +18.69% after
announcing preliminary Q4 results. An owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the U.S., the firm is a long-time
Farallon Capital holding. It has climbed nearly +30% over the past three months.
Allied Nevada Gold and Harmony Gold Mining Co. gained +17.14% and +11.05%, respectively,
thanks to gold price climbs. In fact, gold hit $1,232.80 today, its
highest point since October 22
nd. Billionaire investors
John Paulson and
George Soros have positions in ANV, and
Ray Dalio has a stake in HMY.
Bitauto Tumbles on China Car Sales Slowdown Online Chinese auto portal Bitauto tumbled -17.32% after the China Association of Automobile Manufacturers CAAM reported a
slowdown in the country's car sales.
Tiger Global picked up a 5.6-million-share stake in the company during the second quarter of last year. Despite today's dip, BITA is up +44.29% over the past six months.
Sarepta Therapeutics plunged -14.7% to a
new low after releasing trial results. The biotech company, which has been in
George Soros' portfolio since the third quarter of 2012, has declined nearly -40% over the past year.
SanDisk Corporation dipped -14.65% after
cutting its Q4 revenue estimates. Another
Soros pick, SNDK is down -15.56% over the past month.
The post
Gold Rally Looks Good for Allied Nevada, Harmony Gold appeared first on
ValueWalk.
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