Herbalife report for the second quarter.
Sales down, stock goes up.
It would not usually be the case… where a company tells the public the sales are expected to go down this year, and the stock price increases significantly on the news that sales did go down.
Herbalife scenario is a complex though.
Bill Ackman’s short. Carl Icahn’s long. Government Investigations. Local protests. FBI and SEC looking at insider trading. Herbalife hiring top guns. Bill Ackman’s $50 Million in Research trying to document Herbalife is a pyramid.
If you’re new to this conversation, catch up.
There’s an interesting article about Herbalife and the stocks on the second quarter reportings.
Read the details courtesy of Market Watch .com
Be the first to comment on "Herbalife sales down 11% but stocks climb by 15%+ ?"