The Rise and Fall of Carl Icahn's Enterprises.
TL;DR Summary
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.
Topics:business#carl-icahn#finance#icahn-enterprises#quarterly-earnings#short-seller-report#stock-market
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