News Formal

Carl Icahn’s company’s stock rises 6% premarket

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Icahn Enterprises LP’s stock rose 6% premarket Friday, after closing down almost 2% on Thursday, after short seller Hindenburg Research intensified his...

Icahn Enterprises LP’s stock IEP rose 6% premarket Friday, after closing down almost 2% on Thursday, after short seller Hindenburg Research intensified his bearish bet on Carl Icahn’s investing arm, and said he was taking aim at its bonds. Hindenburg, run by Nate Anderson, said the latest disclosures made Wednesday by IEP raised more questions about Icahn’s personal margin loans, or debt, from the company as well as portfolio losses at IEP.

For more, see: Icahn stock renews skid as Hindenburg says latest company disclosure raises more questions about company debt, losses

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: MarketWatch - 🏆 3. / 97 Read more »

Carl Icahn's company stock falls as much as 20% after prosecutors seek financial informationRegulators contacted Icahn Enterprises last Wednesday seeking information about corporate governance and other materials.
Source: CNBC - 🏆 12. / 72 Read more »