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Icahn ups Herbalife stake

Billionaire investor Carl Icahn has upped his stake Herbalife by 3.7 percent and now owns 16.5 percent of the company.
The stock has been rallying since the company announced better-than-expected earnings a week ago. It closed yesterday at $43.01, up .87 percent.
Some notable Herbalife bulls were… …read more
Source: NY Post

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Posted by on May 9, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.