NQ Mobile Inc (ADR) (NQ) Jumps 40% After Announcement Of Business Shift

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What do hedgies think about NQ Mobile Inc (ADR) (NYSE:NQ)?

The largest stockholder of NQ Mobile Inc (ADR) (NYSE:NQ) among the funds in our database is Christopher R. Hansen‘s Valiant Capital, which initiated a holding in the company during the second quarter of some 2.70 million shares valued at $14.24 million. Two other prominent stockholders that also initiated significant stakes during the same period are Rob Romero‘s Connective Capital Management and Visium Asset Management, which is led by Jacob Gottlieb, with respective holdings of 357,100 shares valued at $1.89 million and 22,272 shares valued at $118,000.

All in all, we believe that NQ Mobile Inc (ADR) (NYSE:NQ) is an investment that could reap significant rewards in the future for retail investors.

Disclosure: None

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