Short seller Hindenburg sets sights on Icahn Enterprises, driving the stock down
Icahn Enterprises LP stock tumbled 16% late-Tuesday morning, after short seller Hindenburg Research issued a negative report against the investment arm of activist investor Carl Icahn.In the report called, “Icahn Enterprises: The corporate raider.
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Hindenburg Research blasts Carl Icahn’s hedge fund as ‘Ponzi-like’ in latest short-seller campaignHindenburg revealed that it has taken a short position on units of Icahn Enterprises.
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Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short sellerThe Nathan Anderson-led firm took a short position against Icahn Enterprises, alleging 'inflated' asset valuations, among other reasons.
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Battle of the Activists: Hindenburg Shorts IcahnShares in Icahn Enterprises lost roughly a fifth of their value after short seller Hindenburg Research published a report saying the company was overvalued and holding assets at inflated prices.
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