From CNBC
Activist investor Carl Icahn has raised his stake in struggling Cheniere Energy, Dow Jones reported Monday.
The billionaire boosted his stake to 13.8 percent from 12.7 percent previously, according to the wire service. Icahn has upped his exposure to Cheniere eight times since he took his initial 8.2 percent position in August.
Icahn was already Cheniere’s largest shareholder, according to FactSet.
For the third quarter, the company posted a net loss of $297.8 million, or $1.31 per share.
Cheniere did not immediately respond to CNBC’s request for comment.
