A lockup provision has kept him from being able to sell Trump Media shares. With that prohibition about to expire, the price is down more than 70 percent from its peak.
Category: Short Selling
Carl Icahn, Activist Investor, Faces Intense Scrutiny From Wall Street
The value of the 88-year-old activist investor’s stake in his own company has fallen by nearly $20 billion. Mr. Icahn said that he was “absolutely not selling.”
Roaring Kitty Came Back to Talk GameStop. Shares Plunged.
Keith Gill, the investor who spurred the meme stock mania in 2021, attracted a huge audience for his public return to livestreaming Friday. But his favorite buy dropped.
How Short Seller Nathan Anderson Beat Carl Icahn “at His Own Game”
After a short seller targeted Icahn Enterprises, the activist investor made changes. At 87, he insists he’s not going anywhere and will refocus on rattling company cages.