Shares of Icahn Enterprises fell sharply in premarket trading after the company announced a steep cut to its quarterly distribution and reported a wider second-quarter loss.
Icahn halved its quarterly distribution to $1, down from $2.
Asset Management
Icahn Enterprises shares fall sharply on payout cut
Shares in Icahn Enterprises have lost more than a third of their value since Hindenburg's report
Friday 4 August 2023 at 13:07
