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Icahn Enterprises LP stock tumbled 25% Tuesday to put it on track for a record one-day decline, after short seller Hindenburg Research issued a negative report against the investment arm of activist investor Carl Icahn.
The stock’s previous one-day record decline was a loss of 19.5% on Nov. 20, 2008. The market cap loss today is about $4.48 billion.
Icahn…
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