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CCK / Crown Holdings stock bounces sharply off 2-year low after Carl Icahn discloses large activist stake

Crown Holdings stock bounces sharply off 2-year low after Carl Icahn discloses large activist stake
Shares of Crown Holdings Inc. CCK, +9.09% charged up 9.5% in midday trading Thursday, after Carl Icahn disclosed an 8.5% activist stake in the maker of packaging products and equipment for consumer goods, enough to make him the second-largest shareholder according to FactSet data. In a 13D filing with the Securities and Exchange Commission, Icahn said he believed the stock was "undervalued and represented an attractive investment opportunity. Read More
Posted: Nov 3 2022, 13:07
Author Name: Market Watch
Views: 111898

CCK News  

Carl Icahn cuts his stake in Crown Holdings

By Market Watch
November 1, 2023

Carl Icahn cuts his stake in Crown Holdings

Activist investor Carl Icahn has lowered his holdings in beverage-can maker Crown Holdings CCK about a year after he bought a stake in the company. more_horizontal

Crown Holdings (CCK) Misses on Q3 Earnings, Lowers '23 View

By Zacks Investment Research
October 25, 2023

Crown Holdings (CCK) Misses on Q3 Earnings, Lowers '23 View

Crown Holdings (CCK) delivers year-over-year improvement in its third-quarter earnings despite flat revenues, owing to cost-control efforts. more_horizontal

Crown Holdings, Inc. (CCK) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 24, 2023

Crown Holdings, Inc. (CCK) Q3 2023 Earnings Call Transcript

Crown Holdings, Inc. (NYSE:CCK ) Q3 2023 Earnings Conference Call October 24, 2023 9:00 AM ET Company Participants Kevin Clothier - SVP & CFO Tim Dona more_horizontal

Crown Holdings (CCK) Q3 Earnings and Revenues Lag Estimates

By Zacks Investment Research
October 23, 2023

Crown Holdings (CCK) Q3 Earnings and Revenues Lag Estimates

Crown Holdings (CCK) came out with quarterly earnings of $1.73 per share, missing the Zacks Consensus Estimate of $1.74 per share. This compares to ea more_horizontal

Crown Holdings (CCK) Buys Helvetia to Expand in Germany

By Zacks Investment Research
October 4, 2023

Crown Holdings (CCK) Buys Helvetia to Expand in Germany

Crown Holdings (CCK) completes its previously announced Helvetia Packaging acquisition. more_horizontal

Cheap Crown Holdings: A Buy In The Wake Of Ongoing Transformation And M&A

By Seeking Alpha
September 24, 2023

Cheap Crown Holdings: A Buy In The Wake Of Ongoing Transformation And M&A

Crown Holdings is expanding its business model through new acquisitions in Europe. The company is well-positioned to benefit from the growth of the gl more_horizontal

Reasons Why You Should Avoid Betting on Crown Holdings (CCK)

By Zacks Investment Research
September 4, 2023

Reasons Why You Should Avoid Betting on Crown Holdings (CCK)

Crown Holdings (CCK) suffers from a slowdown in demand due to inflationary pressures, high interest rates and cost inflation. more_horizontal

Crown Holdings (CCK) Q2 Earnings Top Estimates

By Zacks Investment Research
July 24, 2023

Crown Holdings (CCK) Q2 Earnings Top Estimates

Crown Holdings (CCK) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to ea more_horizontal


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