Carl Icahn's position in Firstenergy is currently worth $777 Million. That's 3.33% of their equity portfolio (3rd largest holding). The investor owns 3.28% of the outstanding Firstenergy stock. Carl Icahn acquired their 19 Million shares in Q1 2021. So far they never sold any shares in the company. The stake costed the investor $620 Million, netting the investor a gain of 25% so far.
Activist investor Carl Icahn appears all but certain to gain control over two FirstEnergy Corp. Board seats with voting rights, as federal energy regulators ...Cleveland Local News, over 1 year ago
A cold front that had nothing to do with the winter weather hitting New York settled on electric utility FirstEnergy this week, as Carl Icahn disclosed plans...ValueWalk, almost 2 years ago
Billionaire Carl Icahn, an activist investor, says he intends to spend between $184 million and $920 million on FirstEnergy stockAkron Beacon Journal, almost 2 years ago