Icahn Enterprises sees stock surge after dividend announcement and investigation.

1 min read
Source: MarketWatch
Icahn Enterprises sees stock surge after dividend announcement and investigation.
Photo: MarketWatch
TL;DR Summary

Icahn Enterprises saw its stock soar to its best day since 2008 after announcing a distribution of $2 per unit for the quarter ended March 31 and reassuring investors that it does not face liquidity problems. The investment company, led by activist investor Carl Icahn, had previously been under a cloud due to a short-seller report.

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