Sunedison Inc
30Oct

SunEdison Inc Slumps After Buy-The-Tepper-Rumor Fails

SunEdison Inc, the controversial solar energy company, surged in late trading on Thursday after rumours started to circulate that David Tepper, the billionaire owner of Appaloosa Management LP, was building a stake in the company.

David Einhorn, whose Greenlight Capital Re Ltd. is SunEdison's largest shareholder also rallied to the company’s defense on Thursday. Einhorn attempted to reassure investors that SunEdison is on track to meet its operational goals and fears about the company’s lack of access to additional capital are . . .

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk

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