Appaloosa Management
Since its inception in 1993, Tepper's Appaloosa Management has been a successful hedge fund, but big returns of more than 100% in 2009 made him a household name on Wall Street. Tepper solidified his name in Wall Street folk lore after appearing on financial network CNBC in September 2010 telling the investing public to "buy everything" ahead of more Federal Reserve easing, or QE2 as it has become known. The comments jolted the market higher that day and proved accurate as markets rallied to finish out 2010.
Notable 52-Week Highs and Lows of the Day 05/15: (DKS) (DF) (CL) High; (CHK) (MUX) (PCX) Low
This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.
52-Week High:Dick's Sporting Goods Inc. (NYSE: DKS) high of $51.65. Dick's getting to a new high as first-quarter numbers came in ahead of views. Earnings were 45 cents per share on revenue of $1.3 billion, compared with consensus views calling for EPS of 38 cents on ...
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