The Rise and Fall of Carl Icahn's Enterprises.

1 min read
Source: The Wall Street Journal
The Rise and Fall of Carl Icahn's Enterprises.
Photo: The Wall Street Journal
TL;DR

Icahn Enterprises has lost $7.5 billion in value since a short-seller report alleged the company was overvalued, over-leveraged, and overstated the value of its holdings. Shares in Icahn have declined more than 40% since the report was published. The company has pushed back its quarterly earnings call to May 10 and maintains that it stands by its public disclosures.

Share this article

Want the full story? Read the original reporting

Read on The Wall Street Journal