Carl Icahn's company stock falls as much as 20% after prosecutors seek financial information

Icahn Enterprises

, Carl Icahn's conglomerate, saw its stock drop again Wednesday after a disclosure showed regulators are seeking information regarding its corporate governance. The shares fell as much as 20% in morning trading, following a near 25% loss last week. A regulatory filing revealed the U.S. Attorney's office for the Southern District of New York contacted Icahn Enterprises last Wednesday seeking information about corporate governance, capitalization, securities offerings, dividends, valuation, marketing materials, due diligence and other materials.against Icahn's company.

Icahn, the most well known corporate raider in history, made his name after pulling off a hostile takeover of Trans World Airlines in the 1980s, stripping the company of its assets. Most recently, the billionaire investor has engaged in activist investing in

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Icahn Enterprises stock slides 9% after company swings to first-quarter lossIcahn Enterprises L.P., the investing arm of billionaire activist investor Carl Icahn, said Wednesday it swung to a loss in the first quarter.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Icahn's investment company discloses federal investigation --- and earnings call yields zero questionsAnalysts on Icahn Enterprises' first-quarter earnings call did not ask a single question, despite the disclosure of a federal investigation of its business.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Palantir stock roars more than 20% higher after second straight earnings surprisePalantir executives called out benefits related to the growing interest in the development of AI, with CFO David Glazer citing “this massive potential for the AI opportunities sitting in front of us.”
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »