Icahn Lift

AAA

DEFINITION of 'Icahn Lift'

The name given to the rise in stock price that occurs when Carl Icahn begins to purchase shares in a company. The Icahn lift occurs because of Mr. Icahn's reputation for creating value for the shareholders of the companies in which he takes an interest.

INVESTOPEDIA EXPLAINS 'Icahn Lift'

Carl Icahn is most famous for his work as an activist shareholder, but has also been referred to as a corporate raider. He purchases shares in a company that he believes is undervalued and then creates a plan to fix the problems. This usually involves spinning off profitable segments, changing management, cutting costs and buying back stock.

RELATED TERMS
  1. Activist Investor

    An individual or group that purchases large numbers of a public ...
  2. Carl Icahn

    An American billionaire investor with reputation for being a ...
  3. Acquisition

    A corporate action in which a company buys most, if not all, ...
  4. Greenmail

    An antitakeover measure that arises when a large block of stock ...
  5. Proxy Fight

    When a group of shareholders are persuaded to join forces and ...
  6. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
Related Articles
  1. Carl Icahn's Investing Strategy
    Fundamental Analysis

    Carl Icahn's Investing Strategy

  2. Change The World One Investment At A ...
    Mutual Funds & ETFs

    Change The World One Investment At A ...

  3. Activist Hedge Funds: Follow The Trail ...
    Mutual Funds & ETFs

    Activist Hedge Funds: Follow The Trail ...

  4. The 5 Most Feared Figures In Finance
    Personal Finance

    The 5 Most Feared Figures In Finance

comments powered by Disqus
Hot Definitions
  1. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  2. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  3. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  4. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  5. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  6. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
Trading Center