Will the price of $IEP (Icahn Enterprises) close above $30 on the last day of 2023?
Will the price of $IEP (Icahn Enterprises) close above $30 on the last day of 2023?
4
110Ṁ13kresolved Dec 31
Resolved
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Hindenburg Research produced a short report on Icahn Enterprises today. https://twitter.com/HindenburgRes/status/1653368268491571203
The stock opened at $48 and is down 20% today to $40.36. Will the stock close above $30 on the last trading day of the calendar year?
Resolves to "NO" if the company goes bankrupt or other severe issue that causes the stock to stop trading, or if the stock gets acquired for less than $30 per share. Any splits and I will adjust the target price accordingly to adjust for the split.
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December 29 was the last trading day. The stock closed at $17.19. Even including $2 in dividends this is still below $30 per share.
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What is this?
What is Manifold?
Manifold is the world's largest social prediction market.
Get accurate real-time odds on politics, tech, sports, and more.
Or create your own play-money betting market on any question you care about.
Are our predictions accurate?
Yes! Manifold is very well calibrated, with forecasts on average within 4 percentage points of the true probability. Our probabilities are created by users buying and selling shares of a market.
In the 2022 US midterm elections, we outperformed all other prediction market platforms and were in line with FiveThirtyEight’s performance. Many people who don't like betting still use Manifold to get reliable news.
Why use play money?
Why use play money?Mana (Ṁ) is the play-money currency used to bet on Manifold. It cannot be converted to cash. All users start with Ṁ1,000 for free.
Play money means it's much easier for anyone anywhere in the world to get started and try out forecasting without any risk. It also means there's more freedom to create and bet on any type of question.