After Adani and Block, Hindenburg takes on billionaire Carl Icahn

In its research, Hindenburg showed that the valuation of IEP units was unfairly increased by

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over 75 per cent and that "IEP trades at a 218% premium to its last reported net asset value

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After taking short positions on Adani Group and Jack Dorsey-owned Block

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US short seller Hindenburg Research on Tuesday said its latest target in 2023

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In its research, Hindenburg showed that the valuation of IEP units was unfairly increased by over 75 per

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IEP trades at a 218 per cent premium to its last reported net asset value (NAV), vastly higher than all comparables."

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