Herbalife Ltd. Critics, Bulls Dig In Over FTC Probe Predictions
Herbalife Ltd. (NYSE:HLF)'s share price fell sharply after a Federal Trade Commission (FTC) probe into its business practices was made public, from $65 to a recent low of $49.5, but it has partially recovered since then, pushing toward $60, as Herbalife bulls argue that there is little chance of the government actually taking action against the company. But with no new facts from the FTC investigation, arguments largely hinge on what people thought before the probe began.
exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible