Herbalife Recovers From Separation Anxiety After Icahn Scare
Shares of Herbalife rebounded on Tuesday making it TheStreet's Move of the Day.
Shares of Herbalife rebounded on Tuesday making it TheStreet's Move of the Day. The nutritional goods company moved higher after plunging a day earlier on rumors billionaire Carl Icahn would sell his stake. The reports were later proven unsubstantiated on confirmation his stake would remain unchanged. Icahn has been one of the most vocal shareholders in support of the company after he purchased his lot at the beginning of 2013. Since then, he has actively appointed five board members. The company has suffered a bumpy ride over the last two years after Pershing Square Capital's Bill Ackman made a billion-dollar bet against the company.









