Carl Icahn's empire loses $6 billion in a day after Hindenburg report
Hindenburg's report accused Carl Icahn of over-valuing its holdings and using a "Ponzi-like" structure to pay dividends. Even though Carl Icahn has dismissed Hindenburg's accusations as “self-serving,” his personal fortunes have taken a hit as IEP's shares dip and its market capitalization falls by 35% to $11.5bn.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
