BRIEF-Hindenburg Research Says Have Taken A Short Position In Units Of Icahn Enterprises

Hindenburg Research: * HINDENBURG RESEARCH SAYS HAVE TAKEN A SHORT POSITION IN UNITS OF ICAHN ENTERPRISES L.P.

* HINDENBURG RESEARCH SAYS THINK ICAHN HAS MADE A MISTAKE OF TAKING ON TOO MUCH LEVERAGE IN THE FACE OF SUSTAINED LOSSES * HINDENBURG RESEARCH EXPECT ICAHN ENTERPRISES TO EVENTUALLY CUT OR ELIMINATE DIVIDEND ENTIRELY, BARRING A TURNAROUND IN INVESTMENT PERFORMANCE

* HINDENBURG RESEARCH ESTIMATE IEP'S CURRENT NAV AS BEING CLOSER TO $4.4 BILLION, OR 22% LOWER THAN ITS DISCLOSED YEAR-END INDICATIVE NAV OF $5.6 BILLION Source text: https://bit.ly/3Vqz8uz Further company coverage: