Shares of Herbalife (HLF) Tick Lower as CNBC Discusses Short Thesis
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Herbalife (NYSE: HLF) shares plunging over just the last few minutes as CNBC is discussing recent speculation about the legitimacy of the company's business model.
The stock fell by more than 2 percent on Tuesday amid concerns the company is running a pyramid scheme.
Shares are now down about 3.7 percent from Tuesday's close. The stock last traded around $47.50, just off a session low.
The stock fell by more than 2 percent on Tuesday amid concerns the company is running a pyramid scheme.
Shares are now down about 3.7 percent from Tuesday's close. The stock last traded around $47.50, just off a session low.
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