The 88-year-old activist investor’s stake in his own company has fallen by nearly $20 billion. Mr. Icahn said that he was “absolutely not selling.”
Category: Hindenburg Research
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E.V. Start-up Founder Could Get Prison Term in Fraud Case
Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business.
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How Short Seller Nathan Anderson Beat Carl Icahn “at His Own Game”
After a short seller targeted Icahn Enterprises, the activist investor made changes. At 87, he insists he’s not going anywhere and will refocus on rattling company cages.
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Shares of Carl Icahn’s Firm Tank After Dividend Is Cut
Bowing to pressure from a short seller, Mr. Icahn halved his company’s quarterly dividend and said he would return to the style of investing that made him famous.
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Corporate America Joins Biden in Welcoming Modi to the U.S.
India’s fast-growing economy is drawing American corporate giants, even as the country faces scrutiny over ties to Russia and limits on political freedoms.
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After Nearly Collapsing, Indian Billionaire’s Stock Is Back on the Rise
Investors have again rushed into the conglomerate controlled by Gautam Adani after a panel signaled that the investigation into the company’s finances was getting nowhere.
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How FTX Missed a Potentially Lucrative Opportunity
A decision to offload warrants to buy an obscure cryptocurrency token as part of the exchange’s bankruptcy proceedings may have been costly.
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Carl Icahn’s Firm Faces Federal Inquiry
The billionaire activist investor’s company said that U.S. prosecutors had asked for information about its operations after a short seller’s report took aim at the way the firm is run.
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Carl Icahn, Activist Investor, Becomes Target of Short Seller
Hindenburg Research, which made its name by taking on Gautam Adani and the Twitter co-founder Jack Dorsey, likened Icahn Enterprises to “Ponzi-like economic structures.”
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Markets Expect Fed to Raise Rates Despite Bank Turmoil
A ‘shock pause’ by the central bank would spook an already jittery market, one analyst said, even as shares in regional lenders fall.
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Short Seller Accuses Jack Dorsey’s Block of Facilitating Fraud
The New York Times – Business:Shares of the financial tech company plunged after Hindenburg Research said it had failed to stamp out illegal activity on its platforms, including drug sales and sex trafficking.