This content is from: Premium

Greenlight Surged in May

The value-driven hedge fund is still down by double-digits this year.

David Einhorn’s Greenlight Capital posted a badly needed gain in May.The self-styled value-driven, long-short equity manager surged 7.4 percent for the month, cutting its loss for the year to 16.6 percent.Even so, Greenlight continues to greatly lag the major market indexes. The Standard & Poor’s 500 stock index surged 7.6

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

Related Content