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An internal memo shows Harris was urged to investigate Herbalife by her California AG staff while her husband worked for the law firm representing it.
Herbalife (NYSE: HLF) stock price has imploded in a strong vindication for Bill Ackman, the billionaire who lost a billion dollars shorting it a few years ago. The stock plunged by more than 31% on Thursday as Ackman celebrated the downfall.
Herbalife delivered far lower-than-expected earnings in the fourth quarter amid its ongoing "transformation program." The supplement company also told investors to expect flat revenue in the coming year.
Shares of Herbalife Ltd. fell more than 30% on Thursday, leading activist investor Bill Ackman to revive his feud with the nutritional-supplements company.
Herbalife Ltd. (HLF) Q4 2023 Earnings Call Transcript
U.S. equities are not off to a great start in 2024. The Nasdaq is down two-quarters of a percentage point, while the S&P 500 is largely flat.
LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd., a premier health and wellness company, will release its fourth quarter and full-year 2023 financial results after the close of trading on the NYSE on Wednesday, February 14, 2024. On the same day, at 5:30 p.m. ET (2:30 p.m. PT), the Company's senior management team will host a live audio webcast and conference call to discuss its recent financial results and provide an update on current business trends. The live audio webcast will be available at ht.
Bill Ackman's calls for the removal of Harvard University President Claudine Gay were ripped straight out of a corporate raider's playbook.
Investors need to pay close attention to Herbalife (HLF) stock based on the movements in the options market lately.
Herbalife Ltd. (NYSE:HLF ) Q3 2023 Earnings Call November 1, 2023 5:30 PM ET Company Participants Erin Banyas - Vice President, Head of Investor Relations Michael O.