IEP
Americanabbreviation
Etymology
Origin of IEP
First recorded in 1970–75
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
He is trying to revive the fortunes of Icahn Enterprises IEP 0.62%increase; green up pointing triangle , the publicly traded company that houses his investments, after a 2023 short-seller attack shaved billions off its market value and his own net worth.
Shares in Icahn Enterprises, known by its ticker IEP, are down roughly 85% from before the short seller arrived.
Hindenburg Research, now defunct, had alleged IEP was overvalued and vulnerable from its founder borrowing against its shares.
Icahn likes to point out that the IEP stock continued paying annualized dividends of $2 a share throughout the ordeal.
When IEP reports its third-quarter earnings, it will report net income of $287 million, up from $22 million a year ago, according to people familiar with the matter.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.