Benzingaยท2025-04-28 16:00Core Viewpoint - CVR Energy, Inc. is expected to report a loss of $0.89 per share on revenue of $1.31 billion for the first quarter, with the stock down approximately 43.78% over the past year, although it has shown resilience recently [1]. Group 1: Stock Performance - CVR Energy's stock has decreased by 43.78% over the past year but has only fallen 0.85% year-to-date and 6.05% in the past month, indicating some signs of resilience [1]. - The current trading price of CVI stock is $18.67 per share [6]. Group 2: Technical Analysis - The stock is above its eight-day and 20-day simple moving averages, indicating a short-term bullish signal, but is below its 50-day and significantly below its 200-day moving averages, suggesting long-term technical damage [3]. - The MACD indicator shows a negative 0.18, while the RSI is at 51.87, indicating positive momentum but cautioning that the stock may be approaching overbought territory if the rally continues [4]. Group 3: Investor Activity - Carl Icahn has significantly increased his stake in CVR Energy, purchasing over 1.5 million shares worth more than $27 million in April, bringing his total stake to 70.1 million shares [5]. - Icahn's aggressive buying is often a precursor to strategic changes or boardroom battles, suggesting that investors should pay attention to his actions as they may indicate larger shifts within the company [6].