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Point72 hikes SunEdison stake to 5.1%; shares rise

Aug. 31, 2015 4:29 PM ETSunEdison, Inc. (SUNE) StockSUNEBy: Eric Jhonsa, SA News Editor15 Comments
  • Steven Cohen's Point72 Asset Management, one of the many hedge funds to have taken a position in SunEdison (SUNE), discloses after the bell it has upped its stake in the solar/wind project developer to 5.1% (16M shares).
  • SUNE +2% after hours to $10.61. Shares rose 1% in regular trading.
  • Earlier: SunEdison CEO discloses purchase

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