Tags: Trump Administration | Donald Trump | carl icahn | donald trump | shares | stock

Carl Icahn: I Bought Shares Overnight on Trump Shock Market Plunge

(AP/Spira McMullan)

Wednesday, 09 Nov 2016 01:19 PM

Billionaire activist investor Carl Icahn said that he bought stocks in the overnight market on declines and that Donald Trump's U.S. presidential election win was a "step in the right direction" for the U.S. economy.

"I really think it's a very important thing for our economy in general." Icahn told CNBC. 

"I saw that market going down like insanity, and I personally don't believe that Trump is bad for the market necessarily, so I left and went home and I bought a lot of stock in the overnight market," he said.

Icahn has been a vocal supporter of Trump's bid to win the presidency and had turned down a chance to be on his economic advisory team because the chairman of Icahn Enterprises was considering funding a super PAC.

© 2017 Thomson/Reuters. All rights reserved.

   
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Billionaire activist investor Carl Icahn told CNBC on Wednesday that he bought stocks in the overnight market on declines and that Donald Trump's U.S. presidential election win was a step in the right direction for the U.S. economy.
carl icahn, donald trump, shares, stock
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2016-19-09
Wednesday, 09 Nov 2016 01:19 PM
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