This Might Be What’s Dragging Down Greenlight

The performance of some of David Einhorn’s largest long positions suggests the hedge fund should have fared much better in April.

David Einhorn (Andrew Harrer/Bloomberg)

David Einhorn

(Andrew Harrer/Bloomberg)

Greenlight Capital is back in the black.

David Einhorn’s value-focused hedge fund rose 2.5 percent in April and is now up 2.4 percent for the year to date.

Even so, the fund has come up way short of the S&P 500 index, which surged 5.2

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