IEP Stock Recent News

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Icahn Enterprises stock offers a lucrative 24% dividend yield. But the company's cash reserves suggest this dividend will be slashed, perhaps soon.

Icahn Enterprises stock has taken a beating recently. Many investors wonder if this is an incredible buying opportunity.

Icahn Enterprises is the holding company of famed activist investor Carl Icahn. Icahn's investment approach is to take companies and overhaul their management team to increase their value.

Icahn Enterprises is a holding company operated by legendary investor Carl Icahn. Shares have pulled back strongly in recent months, causing valuation multiples to sharply decline.

Icahn Enterprises has successfully refinanced its 2024 debt, but at a far higher rate. The company's estimated net asset value (NAV) has significantly decreased. The stock looks poised to go lower as distribution is cut again in the coming quarters.

Conglomerate Icahn Enterprises (NASDAQ: IEP ) — named after its founder, the activist investor Carl Icahn — again found itself treading in red ink. Sparking the negativity was a change in leadership.

IEP is swapping out its CEO and said the net asset value of its holdings fell. The company is holding firm on a dividend that now yields 20%.

Two Icahn lieutenants were tapped to serve on JetBlue's board of directors. This quickly followed news that the activist investor had accumulated a substantial equity stake in the carrier.

Shares in a Swiss software maker plunged as much as 34% on Thursday after short-seller Hindenburg Research accused the company of manipulating its accounts.