Greenlight Posted Its Weakest Results in the Past Four Years

Another European chemicals company now ranks among the firm’s five largest long positions.

Petrochemical plant at twilight

Bim/Getty Images

Greenlight Capital last year posted its worst results since 2020.

The hedge fund firm headed by David Einhorn was up just 7.7 percent in 2024, less than one-third of the 25 percent gain generated by the S&P 500 index, according to Greenlight’s fourth-quarter letter, obtained by Institutional Investor.

Although

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