Greenlight made new bets on Chemours, Dillard's in second quarter-letter

July 25, 2019 11:47 AM

BOSTON (Reuters) - David Einhorn's hedge fund Greenlight Capital said on Thursday that it made new bets on chemical company Chemours (NYSE: CC), retailer Dillard's Inc. (NYSE: DDS) and gambling products company Scientific Games Corporation (NASDAQ: SGMS) in second quarter.

News the New York-based hedge fund, which has returned 17.4 percent this year, had invested here sent the companies' stock higher.

A bet against Tesla (NASDAQ: TSLA), and bets on gold, car maker General Motors (NYSE: GM), AerCap (NYSE: GM) and Adient (NYSE: ADNT) helped the firm earn a 5.8 percent gain during the second quarter. Greenlight wrote a letter to investors which was seen by Reuters.

(Reporting by Svea Herbst-Bayliss; Editing by Chizu Nomiyama)


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