Icahn Gets a Boost in the Second Quarter

But his company’s internal hedge fund is still down for the year.

Carl Icahn (Victor J. Blue/Bloomberg)

Carl Icahn

(Victor J. Blue/Bloomberg)

Carl Icahn’s holding company, Icahn Enterprises, bounced back into the black during the second quarter, thanks to gains from its hedge fund-like investment portfolio.

But Icahn Enterprises is still in the red for the year — and is nursing losses on its investments for the first half of 2020.


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