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0 -0.0128755364806867 -0.0257510729613734 0.0300429184549356 0.0343347639484979 0.0360515021459227 -0.0128755364806867 0.0214592274678112
Stock impact report

Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its Third Quarter 2024 Financial Results

Icahn Enterprises L.P. - Depositary Units representing Limited Partner Interests (IEP) 
US:NASDAQ Investor Relations: ielp.com/investor-relations
Company Research Source: PR Newswire
SUNNY ISLES BEACH, Fla., Nov. 8, 2024 /PRNewswire/ -- Chairman Carl C. Icahn stated, "I strongly believe that our portfolio – both for the investment segment and the controlled businesses – has significant opportunities ahead. Rarely have I seen a stock market with such extreme valuations – with some companies trading at unjustifiable premiums and others being massively undervalued. These undervalued situations have created great opportunities for activists. To take advantage of these opportunities when they occur, we have always maintained a war chest of liquidity.  As of October 31, we had approximately $2.3 billion between cash and cash equivalents at the holding company and the investment funds. I believe one such opportunity is CVI and, as such, we intend to launch a tender offer to acquire additional shares (see separate press release). To help fund this investment and take advantage of additional opportunities, both within and outside of our existing portfolio, while also maint Show less Read more
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