Icahn Enterprises Struggles Through a Tough First Half

Amid various regulatory investigations, the embattled octogenarian’s private hedge fund posted another losing quarter.

Stephen Taub August 10, 2023

(Victor J. Blue/Bloomberg)

Carl Icahn scaled back on his bearish bets in the second quarter. But they still hurt the octogenarian’s investment portfolio.The activist’s private hedge fund lost another 5.4 percent in the second quarter and is now down 9.3 percent for the first six months of the

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