David Einhorn’s Greenlight finished the year on a two-month losing streak, dropping 4.2 percent in December. As a result, the value-driven hedge fund firm closed out the year up 22.1 percent after losing more than 5 percent in the fourth quarter.
Not too shabby, given its distinct bearishness for most of the year even as the broader markets were surging: The S&P 500 finished 2023 up more than 24 percent, and the Nasdaq Composite gained more than 43 percent.
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