Einhorn Plugs Sunedison Inc., TerraForm Power Inc.

Loading...
Loading...
Sunedison Inc
SUNE
shares got a plug from activist investor David Einhorn at an investors conference Friday, according to several news reports. The conference, sponsored by New York's posh anti-poverty charity called the Robin Hood Foundation, is closed to reporters but frequently features high-profile investors as speakers. Einhorn also reportedly plugged TerraForm Power Inc.
TERP
at the conference where his talk had been slated for 11:15 a.m. at Midtown's Grand Hyatt Hotel. TerraForm was up more than 9 percent recently to $27.38 a share; Sunedison gained nearly 8 percent to $17.92 a share. Both companies operate in the solar power industry. Business Insider reported that Einhorn also discussed Greek-based Alpha Bank A.E.
ALBKY
and Piraeus Bank SA
BPIRY
. Read more: http://www.businessinsider.com/david-einhorn-pitches-sunedison-2014-10#ixzz3GhbyeszD Alpha's depositary shares gained more than 11 percent recently and Piraeus gained more than 5 percent.
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorNewsRumorsEventsAnalyst Ratings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...