Greenlight Slows Down

The hedge fund headed by David Einhorn slipped further behind the major stock benchmarks.

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(Kholood Eid/Bloomberg)

Greenlight posted a modest gain in July, in what was otherwise a very strong month for stocks in general.

The value-driven hedge fund headed by David Einhorn added 20 basis points last month and is now up 12.9 percent for the year. This compares with the S&P 500’s 3 percent gain last month and the tech-heavy Nasdaq Composite’s 4 percent increase.

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