Herbalife (HLF) Smacked On New Nu Skin (NUS) Short Report
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Shares of Herbalife Ltd. (NYSE: HLF) appear to be reacting negatively to a new Citron Research short sale report on Nu Skin Enterprises Inc. (NYSE: NUS).
While not mentioning Herbalife at all, traders continue to lump the two together.
Cintron warned that Nu Skin's China revenues are in jeopardy as the company is violating rules in the country which is very strict about direct sales.
HLF is down 1.8%, while NUS is down 10.9%.
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While not mentioning Herbalife at all, traders continue to lump the two together.
Cintron warned that Nu Skin's China revenues are in jeopardy as the company is violating rules in the country which is very strict about direct sales.
HLF is down 1.8%, while NUS is down 10.9%.
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*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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