Greenlight Comes up Short in Fourth Quarter

Tesla, Netflix and other negative bets undermined the fund in the last quarter after a strong nine months.

(Qilai Shen/Bloomberg)

(Qilai Shen/Bloomberg)

Greenlight Capital posted a sharp loss in the fourth quarter, reversing what was previously shaping up to be a strong year.

The firm’s eponymous, value-oriented long-short hedge funds headed by David Einhorn posted a small 0.3 percent loss in December. As a result, the funds finished 2019 up 13.8

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.