Icahn-Backed CVR Jumps as Trump Gives Him Adviser Role
- Icahn has criticized EPA for running ‘amok’ with regulations
- The activist investor has a controlling stake in CVR Energy
Carl Icahn to Help Trump Get Rid of 'Crazy' Regulations
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CVR Refining LP surged after the announcement that stakeholder and billionaire investor Carl Icahn will be President-elect Donald Trump’s special adviser to roll back regulations.
Shares climbed as much as 14 percent and were up 9.9 percent to $10 at 2:06 p.m. in New York. Parent company CVR Energy Inc. rose 12 percent to $23.92.