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“David Einhorn’s Greenlight Capital takes stake in Twitter” Hedge fund Greenlight Capital said it took a new stake in Twitter last month as the social media company sued to force Elon Musk to buy the company even as the billionaire entrepreneur said he has changed his mind about the deal. Greenlight founder David Einhorn wrote to investors…
“#$100M NJ deli is shell company in ‘reverse-merger’ scheme: report” Hometown International — the New Jersey company valued at more than $100 million on the stock market despite running just a single deli — is in fact a shell company that’s part of a complex, international reverse-merger plan, according to a report. Peter Coker Jr., the Asia-based…
“#NJ deli valued at more than $100M delisted from stock market” Shares of a New Jersey-based deli owner that was recently valued at more than $100 million despite the fact it only operates a single store have been delisted from the stock market. Cromwell Coulson, chief executive of the OTC Markets Group, the over-the-counter exchange…
“#Company behind a single NJ deli snags $100M market value” A company that owns a single deli in south New Jersey became worth more than $100 million on the stock market in recent months — marking the latest oddity of the “meme stock” era. Hometown International Inc. amassed the meaty valuation even though its sole…
“#David Einhorn says tech stocks are in ‘enormous’ bubble” Technology stocks, which have surged for months during the pandemic, likely hit their top last month, hedge fund investor David Einhorn wrote on Tuesday, adding that he’s prepared for a drop by betting against more names, including second-tier companies and ones that just listed their stock….