Has Icahn Enterprises Fallen Too Far After Short Seller Scrutiny And Distribution Cuts?
Wondering whether Icahn Enterprises at around $7.73 is a bargain or a value trap? This article will walk through the numbers so you can decide with confidence. The stock is down about 4.4% over the last week and 12.7% over the past month, extending a tough run that has left it 14.0% lower year to date and roughly 71.5% below where it was three years ago. Those moves sit in the shadow of last year’s high profile short seller scrutiny and the company’s subsequent distribution cuts, both of...