Carl Icahn's position in CVR Energy is currently worth $2.36 Billion. That's 10.14% of their entire equity portfolio (2nd largest holding). The investor owns 66.23% of the outstanding CVR Energy stock. Carl Icahn acquired their 71.2 Million shares between 2011 and 2012. So far they never sold any shares in the company. The stake costed the investor $2.09 Billion, netting the investor a gain of 13% so far.
CVR Energy (NYSE:CVI) is considering the spin-off of its interests in its nitrogen fertilizer business to create a pure-play fertilizer company as well as a ...
https://www.investing.com/news/pro/carl-icahns-favorit-stock-is-cvr-energy-432SI-2940603
CVR Energy is benefiting from the rising price of gasoline and competitive advantages in its fertilizer business. Read more to see my PT for CVI stock.
When Carl Icahn buys shares of stock, it''s what is known as the “Icahn lift." This refers to the impact that the so-called "corporate raider" has on purchas...