May 3 (Reuters) - Carl Icahn's empire took another hit on Wednesday when his holding company's shares plunged further in the aftermath of a critical report from short seller Hindenburg Research, bringing the valuation drop since the short seller attacked it to more than $6 billion.
IEP shares hit an intraday low of $31.78 - their lowest in more than a decade.
The company is now worth $11.5 billion, 35% less than its value on Monday before Hindenburg published its report.
The Hindenburg report has wiped $7.5 billion off Icahn's fortune, leaving him with a net worth of $10.8 billion, according to Forbes.
“There is a karmic quality to this short report that reinforces the notion of a circle of life and death," he tweeted on Tuesday.