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  • Stocks end slightly lower; Herbalife loses 11% ahead of Ackman's presentation

    Dean Arrindell at Hot Stock Minute2 days ago

    Stocks began the day down sharply but began to recover after President Obama’s remarks about the conflicts in Gaza and Ukraine. Stocks ended the day slightly lower with the Dow (^DJI) down 48 points at 17,052, while the Nasdaq (^IXIC) fell 7 points to 4,425 and the S&P 500 (^GSPC) closed the day down 5 points at 1,974.

    Herbalife was among the biggest losers, ending the day down $6.82 -- dropping more than 11% -- to $54.02 after hedge fund manager William Ackman said his Pershing Square Capital will make a presentation on Tuesday that will “expose incredible fraud" at the company.

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