Icahn's firm shares lose 5th of their value post Hindenburg report

US billionaire Carl Icahn's investment firm Icahn Enterprises' shares lost nearly a fifth of their value on Wednesday, a day after Hindenburg's report on the firm. Since the release of the report yesterday, $7.5 billion has been wiped off Icahn's fortune, as per Forbes. Icahn Enterprises stock has lost 39% since the end of 2022.