Icahn Enterprises falls after wider Q2 loss, drop in net asset value

Icahn Enterprises LP

05/08/2026 17:40

** Shares of investment company Icahn Enterprises IEP.O fall 4% to $7.43
** Co reports Q2 loss attributable to IEP of $355 million for the three months ended June 30, compared with loss of $165 million in the year-ago period
** Indicative net asset value was about $2.6 billion as of June 30, a decrease of $765 million compared to March 31
** "Our results this quarter were impacted by exceptional geopolitical events that disproportionately affected our long refining exposure versus crack spreads and other short refinery positions," IEP Chairman Carl Icahn said
** Including session's move, stock down 1.9% YTD

 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))