Carl Icahn Once Fired 12 Floors Of People In One Sweep Because He Couldn't 'Figure Out What The Hell They Do' [Yahoo! Finance]
Icahn Enterprises L.P. - Depositary Units representing Limited Partner Interests (IEP)
US:NASDAQ Investor Relations:
ielp.com/investor-relations
Company Research
Source: Yahoo! Finance
understand what entire departments actually did, but he couldn't figure it out. So he fired them all at once. The founder and controlling shareholder of Icahn Enterprises (NASDAQ: IEP ) used the story to explain how deeply inefficient some companies can be, and why activist investors like him step in to make drastic changes. A Lesson In Corporate Waste After buying into the business, Icahn said he tried to understand how it operated. He spent days going floor by floor, talking to employees and taking notes. But something didn't add up. “[I] go back home, take a look at my yellow pad, I can't figure out what the hell they do,” he said at the New York Times' DealBook conference in 2015. Don't Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Avoid the #1 Investing Mistake: How Your ‘Safe' Holdings Could Be Costing You Big Time The confusion only grew. Executives told him the work was too “arcane” to understa
Show less
Read more
Impact Snapshot
Event Time:
IEP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IEP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IEP alerts
High impacting Icahn Enterprises L.P. - Depositary Units representing Limited Partner Interests news events
Weekly update
A roundup of the hottest topics
IEP
News
- Icahn Enterprises Just Added $78 Million in Centuri Shares, but the Real Story Starts Earlier [Yahoo! Finance]Yahoo! Finance
- Enzon executes 1-for-100 reverse stock split ahead of merger [Seeking Alpha]Seeking Alpha
- Icahn Enterprises: Dividend Exceeds Dilution Risk [Seeking Alpha]Seeking Alpha
- Is Icahn Enterprises (IEP) Attractive After A 71% Three Year Price Decline? [Yahoo! Finance]Yahoo! Finance
- Reassessing Icahn Enterprises (IEP) Valuation After Recent Price Move And Mixed Long Term Returns [Yahoo! Finance]Yahoo! Finance
IEP
Earnings
- 8/5/25 - Miss
IEP
Sec Filings
- 3/5/26 - Form 8-K
- 2/26/26 - Form 10-K
- 2/25/26 - Form 8-K
- IEP's page on the SEC website