Hindenburg Research Targets Billionaire Carl Icahn in Latest Short Campaign
TL;DR Summary
Short seller Hindenburg Research has taken a short position against Carl Icahn's Icahn Enterprises, alleging "inflated" asset valuations and an unusually high net asset value premium in shares of the publicly traded holding company. The shares fell 9% in premarket trading. Icahn, a well-known corporate raider, has engaged in activist investing in McDonald's and biotech firm Illumina.
Topics:business#asset-valuations#carl-icahn#finance#hindenburg-research#icahn-enterprises#short-seller
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- Hindenburg takes on billionaire Icahn with latest short position Reuters
- Billionaire Carl Icahn’s Empire Propped Up By ‘Ponzi-Like’ Scheme, Short-Seller Hindenburg Claims Forbes
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