Four Months of Gains Couldn’t Save Greenlight’s Year

David Einhorn’s hedge fund lagged the market in 2025 despite a four-month winning streak at year-end.

Stephen Taub January 5, 2026

Greenlight Capital finished 2025 strong. But that wasn’t enough.The hedge fund firm headed by David Einhorn posted a 2.9 percent gain in December, much better than the broad stock indices. This was its fourth straight profitable month after declining for four months.However, for the full

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