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Einhorn's Greenlight Beats Market in May

The New York-based hedge fund rose 3 percent in May, but took a beating on some short positions.

Greenlight Capital's David EinhornDavid Einhorn’s widely-watched, New York based hedge fund firm Greenlight Capital posted a 3 percent profit in May, outperforming the broader index. As a result, its gain for the year through the first five months is 8.8 percent. This compares with a 2.1 percent gain for the S&P

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