Hindenburg's Short Report Sends Icahn Enterprises Stock Plummeting.

1 min read
Source: The Wall Street Journal
Hindenburg's Short Report Sends Icahn Enterprises Stock Plummeting.
Photo: The Wall Street Journal
TL;DR Summary

Short seller Hindenburg Research has published a report stating that activist investor Carl Icahn's holding company, Icahn Enterprises, is overvalued and holding some assets at inflated prices. This sets up a battle between Hindenburg's founder, Nathan Anderson, and Icahn, who have both made allegations of malfeasance and incompetence against corporate executives.

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