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
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.