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Icahn Enterprises Inventory Jumps on Dividend Information

Icahn Enterprises Inventory Jumps on Dividend Information
November 3, 2023



Icahn Enterprises’ stocks jumped 14% after the corporate stated it will take care of its quarterly dividend.IEP stated Friday it will pay a dividend of $1 a percentage within the 1/3 quarter, which represents a yield of round 20%. IEP additionally reported better-than-expected third-quarter earnings of $3 billion, however a lack of $6 million.Stocks within the corporate, which properties billionaire Carl Icahn’s investments, have been down 67% this 12 months via Thursday after a short-seller assault in Might. They hit a 19-year low previous this week.

OpenAI
Author: OpenAI

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