Benzinga Market: DNC Begins Today, Mpox-Linked Stocks Continue Higher, SEC Charges Carl Icahn And Icahn Enterprises L.P. For Failing To Disclose Pledges Of Company's Securities As Collateral For Billions In Personal Loans
Portfolio Pulse from Benzinga Newsdesk
The SEC has charged Carl Icahn and Icahn Enterprises L.P. for not disclosing pledges of the company's securities as collateral for personal loans. This news could impact Icahn Enterprises L.P. stock. Additionally, stocks linked to Mpox continue to rise.
August 19, 2024 | 2:53 pm
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The SEC has charged Icahn Enterprises L.P. for failing to disclose pledges of its securities as collateral for personal loans, which could negatively impact its stock price.
The SEC's charges against Icahn Enterprises for non-disclosure of securities pledges could lead to a loss of investor confidence, potentially driving the stock price down.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100