: Hindenburg’s short-seller report highlights Carl Icahn’s margin loan, as stock tumbles a second day

by | May 3, 2023 | Stock Market

On Tuesday, Wall Street was riveted by a report from short seller Nate Anderson’s Hindenburg Research that targeted legendary billionaire investor Carl Icahn. Anderson highlighted issues that had been relatively well known for years, like that Icahn’s investment fund had suffered a decadelong losing streak and that his public company had been paying out rich dividends while raising $1.7 billion by selling shares in the stock market. But what perhaps took Wall Street by surprise was the existence of personal indebtedness,…

Article Attribution | Read More at Article Source

Share This