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Icahn Enterprises dips after wider Q1 loss

ReutersMay 7, 2025 1:12 PM

Shares of investment company Icahn Enterprises IEP.O fall 2% to $8.55 in trading before the bell

Reports Q1 loss attributable to IEP of $422 million in the three months ended March 31, compared with loss of $38 million in the year-ago period

Co says it was hurt by losses of $224 million in the investment segment, primarily in the healthcare sector

Indicative net asset value was about $3 billion as of March 31, 2025, down by $336 million

As of last close, IEP has lost nearly 1% YTD

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