Cost of shorting Carl Icahn company’s stock has spiked since billionaire’s SEC settlement

Date:

August 21, 2024

Borrowing rates for investors seeking to short Icahn Enterprises. have spiked more than fivefold, to above 25%, since the company and its founder and majority shareholder Carl Icahn agreed to pay $2 million to settle regulatory charges this week.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Cost of shorting Carl Icahn company’s stock has spiked since billionaire’s SEC settlement

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