Greenlight’s Back in the Red

Why David Einhorn’s value fund posted a large loss in September.

Michael Nagle/Bloomberg

Michael Nagle/Bloomberg

It was a September that Greenlight Capital probably wishes it could not remember.

The value-driven hedge fund headed by David Einhorn lost 6.7 percent for the month, according to a person familiar with the results.

As a result, Greenlight fell back into the red, down 5.6

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