Sears Holdings (SHLD) raised guidance by quite a bit this morning, and the stock is currently up $13.63 in pre-market trading. As the majority owner of SHLD shares, Eddie Lampert stands to make a fortune today. As of their last filing, Lampert's firm owned 66,024,366 shares (57.13% of the company). A gain of $13.63 in the stock translates into a gain of $899,912,109 for Lampert. For Lampert to have a billion dollar day in SHLD, the stock needs to close up $15.15.
[Ed. note: SHLD closed the day +$10.31 (11.6%).]
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