Herbalife (HLF) Continues Post Ack-Attack Bounce

Bill Ackman's short target Herbalife Ltd. (NYSE: HLF) continues to rally off its lows. Shares are up 10 percent intra-day and are now up for the fourth straight session. The stock is up 34 percent from the post-Ackman lows, although it is still down 24 percent from the time he publicly disclosed the position and likely down further still from Ackman's own cost basis.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Uber sells part of its Aurora stake in block trade - Bloomberg
• Buss family to sell rest of Lakers stake to Kushner, Iger - ESPN
• Brookfield offers A$4.75/sh for Reliance Worldwide - Bloomberg