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Herbalife (NYSE: HLF) Stock on Wild Ride Thanks to Ongoing Long-Short Battle
Bill Ackman's battle with Herbalife Ltd. (NYSE: HLF) has doomed the nutritional supplement maker's stock to bouts of wild volatility.
In just the last month HLF stock has dropped 11.2%, surged ahead 25.5%, fell another 26.8%, and finally advanced another 5%.
Here’s how it started and what’s been behind HLF stock’s recent rollercoaster ride…
Bill Ackman's battle with Herbalife Ltd. (NYSE: HLF) has doomed the nutritional supplement maker's stock to bouts of wild volatility.
In just the last month HLF stock has dropped 11.2%, surged ahead 25.5%, fell another 26.8%, and finally advanced another 5%.
Here’s how it started and what’s been behind HLF stock’s recent rollercoaster ride…