Is Herbalife (HLF) Now a 'Sell the News' or a 'Short-Squeeze' Candidate?
Get Alerts HLF Hot Sheet
Price: $12.23 +0.82%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +4.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +4.0%
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Herbalife (NYSE: HLF) is giving back earlier gains as the conference call has now concluded and CEO interview is over. With the stock up 65% from the post-Ackman lows, some are looking for a "sell the news" reaction with all the "good news" now out. However, with big boys including Dan Loeb and possibly Carl Icahn involved in the name a short squeeze could be just a few trades away. Whatever the case, the Herbalife story is far from over.
Shares last traded at $39.42, down 1.35%
Shares last traded at $39.42, down 1.35%
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