Ackman Goes After Herbalife's (HLF) Bread and Butter
Tweet
Share
E-mailGet Alerts HLF Hot Sheet
Price: $12.09 -0.9%
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%
Join SI Premium – FREE
Not only is Bill Ackman's Pershing Square Capital hedge fund going after Herbalife's (NYSE: HLF) stock, now he is going after the company's actual business.
Taking his attack on Herbalife to the next level, Ackman is now buying Google ads for keywords including 'Herbalife'.
The ads link to Ackman's website www.factsaboutherbalife.com, where he discusses his short thesis on the stock.
The ads could be troubling for the company as new potential distributors - the company's lifeblood - may now be diverted to Ackman's website and opt-out of a business relationship with the company.
Taking his attack on Herbalife to the next level, Ackman is now buying Google ads for keywords including 'Herbalife'.
The ads link to Ackman's website www.factsaboutherbalife.com, where he discusses his short thesis on the stock.
The ads could be troubling for the company as new potential distributors - the company's lifeblood - may now be diverted to Ackman's website and opt-out of a business relationship with the company.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- SpaceX Shares Indicated To Open At $155
- Iran deal reopens Strait of Hormuz - Reuters
- Pakistan's Sharif: Confirm That A Final, Agreed Text Reached
Create E-mail Alert Related Categories
Hedge Funds, Trader TalkRelated Entities
William Ackman, Pershing Square Capital, Hedge FundsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
