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Icahn Enterprises stock skids lower as short seller Hindenburg puts Carl Icahn's company in crosshairs

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Short seller Hindenburg sets sights on Icahn Enterprises, driving the stock down

Icahn Enterprises LP stock tumbled 16% late-Tuesday morning, after short seller Hindenburg Research issued a negative report against the investment arm of activist investor Carl Icahn.In the report called, “Icahn Enterprises: The corporate raider.

 

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Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short sellerThe Nathan Anderson-led firm took a short position against Icahn Enterprises, alleging 'inflated' asset valuations, among other reasons.
Source: CNBC - 🏆 12. / 72 Read more »