The last time Trump took a ‘DJT' business public, it ended up in bankruptcy [Yahoo! Finance]
Icahn Enterprises L.P. - Depositary Units representing Limited Partner Interests (IEP)
US:NASDAQ Investor Relations:
ielp.com/investor-relations
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Source: Yahoo! Finance
DJT, of course, stands for Donald John Trump, underscoring the company's raison d'etre — giving a megaphone (and a serious cash infusion) to the presumptive Republican nominee. The company's main product, Truth Social, was Trump's quick and dirty solution to his ban on practically every mainstream social media app in the wake of the January 6, 2021, attack on the US Capitol. The social media app was never a blockbuster, though, and it's unclear how the company will ever make money. If that all sounds familiar, that's because we've been down this road before. While Trump Media may be new, its stock ticker is a throwback to Trump's only other publicly traded company. Trump bestowed the same initials on his Atlantic City casino business, Trump Hotels and Casino Resorts, back when that company went public in 1995. It didn't go great. At least, not for investors. Trump Hotels and Casino Resorts never turned a profit and ended up in bankruptcy in 2004, wiping out shareholders.
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- Icahn Enterprises L.P. Announces Q1 2024 Earnings Conference Call [Yahoo! Finance]Yahoo! Finance
- Icahn Enterprises L.P. Announces Q1 2024 Earnings Conference CallPR Newswire
- CVR Partners: Q1 Distribution Outlook And Potential Buyout [Seeking Alpha]Seeking Alpha
- Billionaire Carl Icahn Has a Whopping 62% of His Portfolio in 1 Stock [Yahoo! Finance]Yahoo! Finance
- Billionaire Investor Carl Icahn Is Betting $6.3 Billion on This 1 Stock [Yahoo! Finance]Yahoo! Finance
IEP
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- 2/28/24 - Miss
IEP
Sec Filings
- 4/22/24 - Form 4
- 4/22/24 - Form SC
- 3/6/24 - Form 8-K
- IEP's page on the SEC website