Icahn Enterprises LP (IEP): Today's Featured Real Estate Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Icahn (IEP) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day up 1.3%. By the end of trading, Icahn fell $2.61 (-2.2%) to $118.40 on average volume. Throughout the day, 497,192 shares of Icahn exchanged hands as compared to its average daily volume of 334,500 shares. The stock ranged in price between $115.18-$121.11 after having opened the day at $120.14 as compared to the previous trading day's close of $121.01. Other companies within the Real Estate industry that declined today were: InnSuites Hospitality (IHT), down 13.2%, American Realty Investors (ARL), down 6.2%, Income Opportunity Realty Investors (IOT), down 5.0% and ZipRealty (ZIPR), down 4.3%.
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