Bill Ackman Tells Herbalife they Arent Girl Scouts, Investors Shrug

Herbalife Ltd. (NYSE:HLF) was hit by another attack from Bill Ackman today as the hedge fund giant released a forty page manifestorenewing his attack on the company and reaffirming his earlier criticisms. Despite the behemoth attack, Herbalife stock is up by more than 3% today.

Why don’t investors care about Bill Ackman’s concerns?

Neither Bill Ackman nor Herbalife have changed their stance much since Ackman initiated his public short of the companyon Dec. 19. Herbalife shares are down a grand total of 14% since the day before the short...