In a Banner Month for the Market, Greenlight Posts Another Loss

April was the market’s best month since 1987, but the long-short fund failed to participate.

Stephen Taub May 1, 2020

David Einhorn

(Andrew Harrer/Bloomberg)

Greenlight Capital posted another loss in April — in what was otherwise the overall stock market’s best month since 1987.In a month when the Nasdaq gained 15 percent and the Standard & Poor’s 500 rose 12 percent, Greenlight’s eponymous flagship long-short hedge fund dropped 1.1

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