David Einhorn's New Short: athenahealth
Shares of athenahealth (NASDAQ: ATHN) are trading down about 7 percent in Monday's post-market session following news out of the Ira Sohn Conference that David Einhorn is now short the stock.
After closing near $127, athena shares are trading down to around $118.
Einhorn believes shares of athenahealth could fall as much as 80 percent. He sees the bull case scenario in the stock as $50 per share.
David Einhorn was the last presenter at this year's Ira Sohn Conference.
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