+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Carl Icahn might want to get involved in the Lumber Liquidators fight but 'needs to figure out who he hates less'

Mar 30, 2015, 21:48 IST

Advertisement

Carl Icahn sort of wants to get involved in the Lumber Liquidators fight. 

According to Fox Business' Charlie Gasparino, Carl Icahn is weighing a long or short position in Lumber Liquidators but "needs to figure out who he hates less."

Of course, Icahn may just decide to sit the whole thing out.

Lumber Liquidators has been a major battleground stock since a "60 Minutes" report aired earlier this month showing apparent violations by the company at some of its Chinese manufacturers. 

The most notable investor currently involved in the stock is Whitney Tilson, who is short shares of the company and thinks the stock will go to $0. 

Advertisement

Since the "60 Minutes" report aired, shares of Lumber Liquidators are down about 39%, and over the last year shares are down more than 66%.

NOW WATCH: 'Game of Thrones': The Iron Throne is a terrible investment

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article