Herbalife Ltd. (HLF) Stock Price Tanks As Ackman Speaks

Mark Melin

Published onJuly 21, 2014

Updated on May 13, 2021

In a presentation tomorrow (follow our coverage tomorrow), hedge fund activist Bill Ackman says he will reveal why Herbalife Ltd. (NYSE:HLF), a stock he has shorted, will collapse. The Herbalife stock tanked on Ackman’s pronouncement, broadcast on CNBC.

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Ackman says his presentation on Herbalife will be the most important in his career

Ackman said the presentation, to be delivered in New York City tomorrow at 10 AM EST, will be the most important presentation in his career. “How’s that for raising expectations? But we won’t disappoint,” Ackman said as he...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Herbalife Ltd. (HLF) Stock Price Tanks As Ackman Speaks

Ackman says his presentation on Herbalife will be the most important in his career

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