Reported 4 months ago
Renowned billionaire investor Carl Icahn has acquired a substantial stake in Caesars Entertainment, resulting in a surge of trading activity and a notable 11.7% increase in the stock price. Icahn's interest in Caesars is not new, as he previously pushed the company to make significant changes leading up to its acquisition by El Dorado Resorts. With Caesars' stock down 24% this year, Icahn's involvement has sparked speculation about the company's future direction.
Source: YAHOO