Herbalife (HLF) Continues Rise on CNBC Mention
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Herbalife Ltd. (NYSE: HLF) is continuing higher after-hours Tuesday following commentary on CNBC's Fast Money discussing the stock. Karen Finerman suggested longs like Dan Loeb could help ignite a short squeeze by pulling their stock from margin.
After rising 4.8 percent intra-day, Herbalife is up another 1.7% after-hours.
Earlier, it was reported that Ackman is preparing for a "counterattack."
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After rising 4.8 percent intra-day, Herbalife is up another 1.7% after-hours.
Earlier, it was reported that Ackman is preparing for a "counterattack."
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Daniel Loeb, Third Point LLC, Karen Finerman
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