Carl Icahn Bets Big On CVR While Slashing IEP Dividend In Half [Yahoo! Finance]
CVR Energy Inc. (CVI)
US:NYSE Investor Relations:
investors.cvrenergy.com
Company Research
Source: Yahoo! Finance
Carl Icahn , the renowned billionaire investor, is planning to increase his firm's stake in CVR Energy, Inc. (NYSE: CVI ) while significantly reducing its dividend payout. What Happened Icahn Enterprises (NASDAQ: IEP ), the investment firm controlled by Icahn, is proposing to increase its stake in CVR Energy by over 20%. This move is aimed at capitalizing on what Icahn perceives as an undervalued market, reported The Wall Street Journal, citing drafts of statements. Don't Miss: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100 These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends The firm plans to achieve this by purchasing up to 15 million additional shares, raising its holdings to over 81% of CVR's shares. Despite the recent drop in CVR's share price, Icahn Enterprises believes the company is undervalued and that shareholders wo
Show less
Read more
Impact Snapshot
Event Time:
CVI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CVI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CVI alerts
High impacting CVR Energy Inc. news events
Weekly update
A roundup of the hottest topics
CVI
News
- CVR Energy Shares Gain as Carl Icahn Plans to Boost Stake [Yahoo! Finance]Yahoo! Finance
- Icahn Enterprises Hits Rough Patch With Q3 Earnings Miss, Dividend Cut; Eyes Larger Stake In CVR Energy [Yahoo! Finance]Yahoo! Finance
- Thermon Group Sees Revenue Decline but New Orders Rise [Yahoo! Finance]Yahoo! Finance
- Halliburton Q3 2024 Financial Results Amid Challenges [Yahoo! Finance]Yahoo! Finance
- Signing Day Sports Extends Acquisition Timeline for Swifty [Yahoo! Finance]Yahoo! Finance
CVI
Earnings
- 10/28/24 - Miss
CVI
Sec Filings
- 11/8/24 - Form 8-K
- 11/8/24 - Form SC
- 11/8/24 - Form SC
- CVI's page on the SEC website