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Why Icahn Enterprises stock is down more than 11% today

The Motley Fool
Summary
Nutrition label

65% Informative

Shares of Icahn Enterprises L.P. (NASDAQ: IEP) are down sharply on Monday following news that shareholder dilution is forthcoming, adding to a sell-off that's been underway since February .

Today 's tumble is the result of a Securities and Exchange Commission ( SEC ) filing disclosing that IEP intends to sell up to $400 million newly issued shares of the stock.

Other factors are contributing to this continued weakness.

VR Score

55

Informative language

53

Neutral language

14

Article tone

semi-formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

8

https://www.spglobal.com/marketintelligence/en/https://www.fool.com/terms/s/sec/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=d06268b4-1316-428b-b76b-db7ef76f816chttps://www.fool.com/investing/2024/08/26/why-icahn-enterprises-stock-is-down-tpday/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=d06268b4-1316-428b-b76b-db7ef76f816chttps://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=a91a9414-8692-46ca-ba52-bd385d17cf85&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010895%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D13885%26ftm_veh%3Darticle_pitch_feed_yahoo%26company%3DIcahn%2520Enterprises&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=d06268b4-1316-428b-b76b-db7ef76f816chttps://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=a91a9414-8692-46ca-ba52-bd385d17cf85&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26amp%253Bsource%3Disaeditxt0010895%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D13885&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=d06268b4-1316-428b-b76b-db7ef76f816chttps://www.fool.com/author/4549/https://www.fool.com/legal/fool-disclosure-policy/https://www.fool.com/terms/s/share-dilution/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=d06268b4-1316-428b-b76b-db7ef76f816c

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