Appaloosa
Americannoun
noun
Etymology
Origin of Appaloosa
1920–25, origin uncertain; perhaps to be identified with Opelousa a Louisiana Indian tribal name (Compare Opelousas poney, recorded in a German text of 1849), though the breed is traditionally associated with the Nez Perce Indians and the Palouse River (West Idaho)
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
David Tepper, the billionaire founder of hedge fund Appaloosa Management, on Wednesday criticized Whirlpool WHR -0.88%decrease; red down pointing triangle , accusing the appliance maker of destroying shareholder value and calling for sweeping strategic changes.
Meanwhile it unloaded all 2.1 million shares of Caesars Entertainment, which were valued at around $57 million when Appaloosa last reported its holdings in the third quarter.
From Barron's
Appaloosa Management boosted its stake in American Airlines and Big Tech names during the fourth quarter, while selling off positions in several financial names.
From MarketWatch
David Tepper’s Appaloosa Management made some contrarian investments in the third quarter, buying out-of-favor stocks Whirlpool, Goodyear Tire, and American Airlines, according to its quarterly stock holdings report to the Securities and Exchange Commission.
From Barron's
Appaloosa initiated a holding of 9.25 million shares of American, a laggard in the airline group whose stock trades at $13.
From Barron's
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
