Herbalife Plunges on Icahn Speculation
September 22, 2014 at 16:07 PM EDT
Shares of Herbalife (HLF) plunged 10% to $40.21 this afternoon on speculation that Carl Icahn might have liquidated his stake in the multi-level marketer. The Fly on the Wall attributes the news to Doug Kass’s Twitter feed. And here’s a chart to show the damage done to Herbalife, as the selling goes from a trickle [...]
