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January 9, 2013
10:59 EDTHLFHerbalife spikes higher after Third Point reports stake, levels to watch
The shares spiked briefly to levels close to the drop off point back in December when news of Ackman's large short position in the company sent prices down into the low $20s. At the current price of $39.45, next resistance is at $41.75, the high of the session so far today. Support is at $39.09, yesterday's high, and then at $37.86. Third Point reported an 8.24% passive stake in the company earlier this morning.
News For HLF From The Last 14 Days
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September 15, 2014
12:14 EDTHLFHerbalife expands partnership with American Youth Soccer Organization
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September 14, 2014
16:17 EDTHLFHerbalife near settlement with former distributors, NY Post says
Herbalife is close to reaching a settlement with five former distributors that allege the nutrition company is a pyramid scheme and has victimized thousands, says the NY Post. Reference Link
September 5, 2014
09:10 EDTHLFHerbalife distributor claims fired for web sales, Seeking Alpha contributor says
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September 2, 2014
11:43 EDTHLFChina announces 'major' busts as result of pyramid probe, Shanghai Daily reports
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