The Turbulent Times of Carl Icahn and Icahn Enterprises.

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Source: MarketWatch
The Turbulent Times of Carl Icahn and Icahn Enterprises.
Photo: MarketWatch
TL;DR

Trading in shares of Icahn Enterprises LP was choppy Thursday amid the continued fallout from a short seller’s report that was critical of the investment arm of activist investor Carl Icahn. The company's stock has lost 36% of its value and $6.5 billion of market cap this week. The company said it is moving the release of first-quarter earnings to before market open on May 10. The report also highlighted the existence of personal indebtedness by Icahn. The company's bonds also remained under pressure.

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