Icahn Delivers Slightly Under Estimates, But Focus Is On Ackman

After making up with Bill Ackman, Carl Icahn could be licking his activist wounds to a certain degree.  The fund manager with among the loudest hedge fund voices might have found a little difficulty as of late, but should investors consider buying this stock on drawdown?

Icahn reported a slight earnings miss yesterday. Revenue for the quarter was $5 billion, slightly under the street number of $5.4 billion.  But what wasn’t on the financials was a significant trading risk and a slight speed bump in the intimidation column. On May 5, Icahn shareholders were...