carl icahn stock
Thirty years have passed, and Icahn is now 76 years old. And he's apparently no longer a "corporate raider." In the careful, politically correct climate of the present, Icahn is now referred to as an "activist investor."
Call him what you want ... but the bottom line is that the Icahn name still has a King Midas-like cachet.
And what happened last week proves it.
Indeed, shares of Private Briefing recommendation American Railcar Industries Inc. (Nasdaq: ARII) soared as much as 19% last Tuesday after investors speculated Icahn might be crafting a merger plan that involves the railroad-car manufacturer.