Icahn Pokes Fun at Ackman on Herbalife (HLF)
Get Alerts HLF Hot Sheet
Price: $12.87 -1.83%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +4.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +4.0%
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Carl Icahn appears to have taken exception to Bill Ackman's "octogenarian billionaires" comments on Herbalife (NYSE: HLF) today.
In a conversation with Bloomberg TV's Trish Regan after Ackman's Bloomberg TV interview, Icahn said:
"I fail to understand how Bill Ackman, whom I haven’t spoken to for years, nor do I intend to speak to, would know what I am or am not committed to. I continue to believe Herbalife has a great future, and in my opinion many of the things Ackman says about it are simply the rantings of a sore loser... Interestingly there is something that Ackman and I have in common. Ackman complained at an Oxford conference that every time I went on TV and mentioned Herbalife, the stock went up a few points. Well, that's also true of him."
Shares of HLF are up 5% today to $71.85.
In a conversation with Bloomberg TV's Trish Regan after Ackman's Bloomberg TV interview, Icahn said:
"I fail to understand how Bill Ackman, whom I haven’t spoken to for years, nor do I intend to speak to, would know what I am or am not committed to. I continue to believe Herbalife has a great future, and in my opinion many of the things Ackman says about it are simply the rantings of a sore loser... Interestingly there is something that Ackman and I have in common. Ackman complained at an Oxford conference that every time I went on TV and mentioned Herbalife, the stock went up a few points. Well, that's also true of him."
Shares of HLF are up 5% today to $71.85.
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