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Greenlight Capital's David Einhorn says they still like Deckers (DECK); says they bought Peloton (PTON), then sold it, then bought it back

Newsquawk Staff ·

  • Long some European chemicals.

What it means

David Einhorn's ongoing interest in Deckers suggests confidence in the company's fundamentals, potentially indicating a positive outlook on its growth prospects. His trading activity with Peloton, marked by both buying and selling, may hint at volatility in that stock, signaling a cautious but opportunistic approach. This could impact sentiment in the broader consumer discretionary space, as Einhorn's moves may be viewed as a barometer for institutional interest in these names.

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