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Tags: carl icahn | donald trump | shares | stock

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

(AP/Spira McMullan)

Wednesday, 09 November 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.

© 2022 Thomson/Reuters. All rights reserved.


StreetTalk
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
129
2016-19-09
Wednesday, 09 November 2016 01:19 PM
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