Carl Icahn Is Fighting a Stock Drop, Wealth Slide and Bill Ackman’s Jeers

Another 25% drop in Icahn Enterprises shares is raising questions, including the big one: How is the billionaire going to get out of this?

Can Carl Icahn Fight Off a Stock Drop and Ackman’s Jeers?

It keeps getting worse for Carl Icahn.

Icahn Enterprises LP is sinking on the stock market — again. On Thursday, it plummeted as much as 25%, on pace to close at its lowest point since 2004.