Greenlight Recoups in April After Betting Against Momentum

David Einhorn promised to short a “bubble basket,” and reaped a 4.2 percent gain, breaking into the black for the year

David Einhorn’s Greenlight Capital posted a 4.2 percent gain in April, easily trouncing the major market indexes. As a result, he is now in the black for the year, up 3.4 percent.

In April, the Dow was up just 0.8 percent, the Standard & Poor’s 500 Index rose 0.6

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