Icahn Enterprises L.P. (NASDAQ: IEP), the holding company owned by billionaire investor Carl Icahn, experienced another bloodbath on Thursday, plummeting 21% after dropping by 13% the day before, and on track for the worst session of its history. This comes after Icahn’s archenemy hedge-fund manager Bill Ackman, CEO of Pershing Square Capital Management, released a detailed tweet Wednesday comparing Icahn Enterprises to Archegos.
Shares of Icahn Enterprises have plummeted over 60%, reaching lows not seen since March 2010, nearly fourteen years ago, since Hindenburg Research alleged on May 2 that Icahn was conducting a Ponzi scheme.
The Predator Is Now a …
