CNH Industrial Gains Some 8% After Hours as Greenlight Capital's David Einhorn Discloses Stake in Ag Firm

CNH gained 7.6% to $10.81 shortly before 4:45 p.m. ET after Einhorn – who runs hedge fund Greenlight Capital – publicly discussed the position at a speech at CNBC's "Delivering Alpha" conference in New York.

"It's exactly the kind of situation that absolutely nobody cares about right now because it's cheap, and the news over the next period of time isn't going to be very good," Einhorn said at the event, as per CNBC.com. "Agriculture prices are low, and agricultural equipment is ending down cycle."