Greenlight Adds 2.9% In May

Jun 5 2013 | 10:58am ET

Greenlight Capital bounced back from an April loss to post a 2.9% gain in May.

Last month's jump puts the hedge fund up 8.6% on the year, Reuters reports, about half the return of the Standard & Poor's 500 Index over the same period.

Greenlight took a hit in April on its major gold holdings, and said last month that it had increased its stake in Apple Inc.

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