Billionaire trader Carl Icahn acquired extra than 12.5 million shares of Twitter Inc. for the duration of the third quarter, in advance of Elon Musk’s takeover of the company, whilst also boosting his holdings in Occidental Petroleum Corp. and Southwest Gas Holdings., in accordance to a submitting Monday.
Icahn’s stake in the social media platform, which is now personal just after Musk acquired it final month, was value almost $550 million, in accordance to the submitting. His placement in Twitter was noted by the Wall Street Journal in Oct. The Journal claimed Icahn constructed up that stake in excess of the earlier few months.
In other places, with energy prices nonetheless elevated, Icahn scooped up 843,638 far more shares of oil producer Occidental Petroleum
OXY,
symbolizing a 5.52% maximize, and bringing his complete holdings to 16,116,069 shares. He also obtained 1,508,509 shares of natural gasoline distributor Southwest Gas
SWX,
symbolizing a 29.56% maximize, for full holdings of 6,611,630 shares.
Shares of Southwest Gas ended up up 5.2% after hours. Occidental dipped .3%.
Icahn also shook up his holdings in the food stuff and beverage market.
He offered off his total stake — 11,150,368 shares — in Welbilt Inc., which helps make devices for eating places and other segments of the food items field. Ali Holding purchased Welbilt in July. Icahn also obtained 1,040,000 shares of Crown Holdings Inc.
CCK,
which tends to make aluminum and metal cans and other packaging.
Crown Holdings stock was unchanged just after several hours.
Billionaire trader Carl Icahn acquired extra than 12.5 million shares of Twitter Inc. for the duration of the third quarter, in advance of Elon Musk’s takeover of the company, whilst also boosting his holdings in Occidental Petroleum Corp. and Southwest Gas Holdings., in accordance to a submitting Monday.
Icahn’s stake in the social media platform, which is now personal just after Musk acquired it final month, was value almost $550 million, in accordance to the submitting. His placement in Twitter was noted by the Wall Street Journal in Oct. The Journal claimed Icahn constructed up that stake in excess of the earlier few months.
In other places, with energy prices nonetheless elevated, Icahn scooped up 843,638 far more shares of oil producer Occidental Petroleum
OXY,
symbolizing a 5.52% maximize, and bringing his complete holdings to 16,116,069 shares. He also obtained 1,508,509 shares of natural gasoline distributor Southwest Gas
SWX,
symbolizing a 29.56% maximize, for full holdings of 6,611,630 shares.
Shares of Southwest Gas ended up up 5.2% after hours. Occidental dipped .3%.
Icahn also shook up his holdings in the food stuff and beverage market.
He offered off his total stake — 11,150,368 shares — in Welbilt Inc., which helps make devices for eating places and other segments of the food items field. Ali Holding purchased Welbilt in July. Icahn also obtained 1,040,000 shares of Crown Holdings Inc.
CCK,
which tends to make aluminum and metal cans and other packaging.
Crown Holdings stock was unchanged just after several hours.
