When Hedge Funds Attack: Herbalife (HLF) Shares Plunge as Einhorn Grills Exec on Conference Call
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Get Alerts HLF Hot Sheet
Price: $47.65 -1.24%
Revenue Growth %: 0.0%
Financial Fact:
Operating income: 168.92M
Today's EPS Names:
ANF, DXLG, FL, More
Revenue Growth %: 0.0%
Financial Fact:
Operating income: 168.92M
Today's EPS Names:
ANF, DXLG, FL, More
Trade HLF Now!
The very sharp drop in Herbalife (NYSE: HLF) shares is being attributed to questions about disclosures from short-seller David Einhorn on the company's conference call. On trader described Einhorn as "grilling" a Herbalife exec. Stay tuned for more details.
After plunging as much as 21 percent to an intraday low at $55.55, Herbalife shares are now trading around $59.62, down about 15 percent from Monday's close.
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After plunging as much as 21 percent to an intraday low at $55.55, Herbalife shares are now trading around $59.62, down about 15 percent from Monday's close.
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Conference Calls, Hedge Funds, Momentum Movers, Trader TalkRelated Entities
Greenlight Capital, David Einhorn, Hedge Funds
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