Icahn sees opportunities but warns of more 'downdrafts' ahead -Bloomberg [Reuters]
CVR Energy Inc. (CVI)
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Source: Reuters
Icahn sees opportunities but warns of more 'downdrafts' ahead -Bloomberg BOSTON, April 24 (Reuters) - Billionaire investor Carl Icahn said he expects to see “good opportunities” to buy after the historic stock market sell-off but warned there will likely be more heavy selling because the coronavirus outbreak has yet to be contained. “There will be good opportunities,” Icahn said in an interview with Bloomberg Television on Friday, adding, however, “in the short term we could still see some big downdrafts.” Icahn was speaking at the tail end of a week in which oil prices fell so far that sellers had to pay buyers to take it off their hands, U.S. lawmakers approved a $484 billion bill to aid small businesses and hospitals, and unemployment claims topped 26 million in the last five weeks. Oil prices are no longer in the minus zone. Even as some states are preparing to reopen some businesses that have been largely shuttered for weeks to prevent the virus’ spread, Icahn said he thinks the
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CVI
News
- Returns On Capital At CVR Energy (NYSE:CVI) Paint A Concerning Picture [Yahoo! Finance]Yahoo! Finance
- CVR Energy, Inc. (NYSE: CVI) had its price target raised by analysts at Mizuho from $18.00 to $20.00. They now have a "neutral" rating on the stock.MarketBeat
- CVR Energy, Inc. (NYSE: CVI) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- CVR Energy Announces Pricing of Proposed Senior Secured Term Loan B Facility, 2025 Capital Expenditure Outlook, New Employment Agreement with Dave LampGlobeNewswire
- CVR Energy, Inc. (NYSE: CVI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
CVI
Earnings
- 10/28/24 - Miss
CVI
Sec Filings
- 12/18/24 - Form SC
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- CVI's page on the SEC website