Seems to me that this guy kind of keeps running away from the gravedigger's shovel 😂 Whose side are you on? Hindenburg or Icahn?
Carl Icahn made a deal with his lenders that separates his loans from the trading price of his company Icahn Enterprises $IEP stock. That has reassured investors and removed fears that he would have to sell his shares after a critical report from shortseller Hindenburg Research that caused the company's stock to fall by more than half in May. The revised deal also affected the value of the stock, which rose 20% and boosted Icahn's net worth to $11.1 billion. Yet it still remains about $15 billion below its 2023 peak.
Their dividend keeps growing too 🤔