Investing
Einhorn Reveals Bet on Agriculture Firm CNH, Shares Jump
- Greenlight founder also said he increased inflation bets
- The billionaire investor said the stock market is overvalued
CNH Industrial NV shares rose 7.5% in New York on Wednesday.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
David Einhorn revealed a new position in agriculture equipment company CNH Industrial NV, whose shares rose 7.5% to $10.80 at 4:41 p.m. in New York.
The stock “can double in the next couple years,” the billionaire founder of Greenlight Capital said Wednesday at the CNBC Delivering Alpha Conference.