{"id":22226,"date":"2011-05-03T06:50:32","date_gmt":"2011-05-03T10:50:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=22226"},"modified":"2011-05-03T06:50:32","modified_gmt":"2011-05-03T10:50:32","slug":"yahoo-shares-jump-as-hedge-fund-buys-position","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2011\/yahoo-shares-jump-as-hedge-fund-buys-position.html","title":{"rendered":"Yahoo shares jump as hedge fund buys position"},"content":{"rendered":"<p>MarketWatch &#8211; In an investor letter, Greenlight, a hedge fund run by investor David Einhorn, said it \u201cestablished a new position\u201d in Yahoo YHOO +2.49%   at a price of $16.93 a share. It highlighted Yahoo\u2019s major stake in Alibaba Group, which it argued could be \u201cultimately worth Yahoo\u2019s entire current market value.\u201d<\/p>\n<p>Yahoo\u2019s shares traded up more than 3% to set a 52-week high of $18.35 after Greenlight also argued that the tech giant has recently become more \u201cshareholder-friendly.\u201d The stock closed at $18.14, a gain of 2.5%.<\/p>\n<p><a href=\"http:\/\/www.marketwatch.com\/story\/yahoo-shares-jump-as-hedge-fund-buys-position-2011-05-02?link=MW_latest_news\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MarketWatch &#8211; In an investor letter, Greenlight, a hedge fund run by investor David Einhorn, said it \u201cestablished a new position\u201d in Yahoo YHOO +2.49% at a price of $16.93 a share. It highlighted Yahoo\u2019s major stake in Alibaba Group, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22226","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=22226"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22226\/revisions"}],"predecessor-version":[{"id":22228,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22226\/revisions\/22228"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=22226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=22226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=22226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}