Friday, August 15th, 2008...10:59 am
Soros takes position in Lehman Brothers Holdings
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We are seeing some relative strength in LEH in early morning trading, going up as much as $17.35 after news on the wires last night that Soros has taken a position of 9.5M shares in the battered financial company.
LEH was doing better than the rest of the group, but as WB, GS and JPM got weaker, the whole sector has come down off the highs and is sinking into the lunch hour.
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