Shares of Icahn Enterprises L.P. were heading to their highest one-day percentage increase since October 2008, snapping an eight-session losing streak...
Shares of Icahn Enterprises L.P. were heading to end Friday at their highest one-day percentage increase since October 2008 and snap an eight-session losing streak following the investment company’s payout news.
The... Shares of Icahn Enterprises L.P. were heading to end Friday at their highest one-day percentage increase since October 2008 and snap an eight-session losing streak following the investment company’s payout news. The stock was on pace for its largest one-day percentage increase since October 13, 2008, when it rose 31% and markets were in the thick of the financial crisis that sparked the Great Recession and barely a month from the Lehman Brothers’ bankruptcy.
Wall Street was also alarmed on Wednesday, when the company postponed the release of its first-quarter earnings to before the bell on Wednesday, May 10, without providing an explanation. It was scheduled for Friday.
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