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This Famed Value Investor Axed GameStop, AMC Stakes Just Ahead Of Stonk-Mania, Missing Out On $400M Opportunity
Wednesday, August 25, 2021 - 6:45am | 517Value investor Joel Greenblatt’s Gotham Asset Management LLC missed out on a potential $400 million in gains after having sold almost its entire holdings in GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc. (NYSE: AMC) before the retail trading mania earlier this year. What...
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Mario Gabelli Boosts Exposure To Two Small Industrials Companies
Friday, September 4, 2015 - 8:39am | 311Tracking hedge fund transactions can provide investors with great research-backed ideas. On Thursday, Mario Gabelli and his funds filed two Schedule 13D forms, disclosing increases in his stakes in two small industrials companies. Crane Co. Shares of Crane Co. (NYSE: CR) rose 0.29...
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Guess? Expected To Deliver Worst Quarter In Years
Monday, June 1, 2015 - 2:37pm | 338Guess?, Inc. (NYSE: GES) is scheduled to announce Q1 2016 financial results, scheduled for after the market closes on Tuesday. According to Estimize, expectations point towards the weakest earnings in years. The company’s earnings respond to a cycle, peaking in the fourth quarter and...
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Rite Aid Is Up 40% In The Past Month; Here's Who Could Be Winning
Thursday, January 8, 2015 - 11:55am | 345Rite Aid Corporation (NYSE: RAD) is having a great month, returning almost 40 percent in the past month. The company recently revealed its same-store sales increased by 5.1 percent year-over-year in the month of December, comfortably beating analyst estimates. If the latest 13F data still holds...