Herbalife (HLF) Hedge Fund Long Coming Up Shortly on CNBC
Herbalife (NYSE: HLF) could see extra volatility into the 2PM hour, when hedge fund manager and long John Hempton of Bronte Capital will be interviewed by CNBC's Herb Greenberg. It promises to be a must watch interview. Recently, Hempton disclosed his position and noted that Ackman is late to the game and won't win. Amusingly, he did call the HLF situation "hedge-fund porn."
After trading lower earlier in the session, shares of HLF are now up 0.6%.
Earlier, Bill Ackman told Greenberg that he hasn't covered one share of his Herbalife short.
After trading lower earlier in the session, shares of HLF are now up 0.6%.
Earlier, Bill Ackman told Greenberg that he hasn't covered one share of his Herbalife short.