Shares of nutritional supplement seller Herbalife, the company that hedge fund manager Bill Ackman is shorting, tanked in after-hours trading during a CNBC report. CNBC's Scott Wapner reported that one of Herbalife's 50 "Chairman's Club" members, may cut ties to the company. The "Chairman's Club" is reserved for the company's biggest distributors. According to Wapner, the unnamed distributor had a relationship with a delisted vendor that was used to generate business leads. Herbalife stock fell ...
Shares of nutritional supplement seller Herbalife, the company that hedge fund manager Bill Ackman is shorting, tanked in after-hours trading during a CNBC report. CNBC's Scott Wapner reported that one of Herbalife's 50 "Chairman's Club" members, may cut ties to the company. The "Chairman's Club" is reserved for the company's biggest distributors. According to Wapner, the unnamed distributor had a relationship with a delisted vendor that was used to generate business leads. Herbalife stock fell ...
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