NasdaqGS:IEPIndustrials
Assessing Icahn Enterprises (IEP) Valuation After Recent Mixed Performance And Deep Three Year Decline
Understanding Icahn Enterprises after recent performance
Icahn Enterprises (IEP) has been on many investors’ watchlists after a mixed stretch, with the unit price near $7.73 and returns ranging from a 3.3% gain year to date to a 73.1% decline over three years.
That gap between shorter term and longer term performance, together with revenue of about $9.3b and a net loss of $391 million, is prompting investors to reassess how the partnership’s diversified businesses are feeding into overall...