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Tuesday, July 29, 2014

Herbalife shares tumble as investors worry that growth is slowing - Jul. 29, 2014

Herbalife shares fell more than 14% Tuesday. That's good news for short-seller Bill Ackman, but the market seems more concerned about the company's fundamentals than it is about whether Herbalife is a pyramid scheme.

The company reported earnings late Monday that fell short of analysts' expectations. Herbalife has reported record results for the past 19 quarters. So it's understandable why the stock is down. Even CEO Michael Johnson said so.


Herbalife shares tumble as investors worry that growth is slowing - Jul. 29, 2014

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