U.S. markets close in 1 hour 57 minutes

Herbalife Nutrition Ltd. (HLF)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
45.00-2.38 (-5.02%)
As of 2:03PM EDT. Market open.
Sign in to post a message.
  • A
    Artemiss
    You have my support !
    Bullish
  • T
    TrendisFriend
    The FTC’s allegations filed in Los Angeles federal court left no doubt that it concluded that Herbalife had been ripping people off: “Consumers have suffered and will continue to suffer substantial monetary loss as a result of [Herbalife’s] violations of Section 5(a) of the FTC Act.” (That's the section that bars "unfair or deceptive acts or practices in or affecting commerce.”)

    FTC Chairwoman Edith Ramirez said after the settlement that "Herbalife is going to have to start operating legitimately." That would mark a real change, she suggested.

    To some extent, perhaps it did. Herbalife's come-on to distributors today says that they can earn money "selling Herbalife products that you buy at a discount" or "sponsoring someone who either sells Herbalife products or purchases them at a discount for their own or household use." It specifically says that distributors "cannot earn money simply for recruiting or sponsoring someone."
  • k
    k
    From Zerohedge: Prosecutors unsealed an indictment Friday in federal court in Manhattan, according to which Herbalife was charged with a China bribery conspiracy.

    Curiously, it was just a few weeks ago that Ichan also dumped a substantial chunk of his Herbalife stake, perhaps sensing that a storm was coming. The list of top HLF holders is shown below.
  • D
    Deepak
    Wouldn't touch this company with a 10 foot pole
  • K
    Kick
    Debt being added to buyout insiders, management admitting to committing crimes and aggressive accounting being used to try and keep the story intact. This is a strong buy in 2020.
  • R
    Richard
    So let me get this straight; a document becomes unsealed confirming Herbalife was charged with bribery, and the stock starts jumping towards green. I guess that makes sense in 2020?
    Bearish
  • k
    kelli
    If you’re a day trader, you should definitely check out http://tradenow.xyz. They send a watchlist covering the top pre-market movers every day before the open. It’s a great way to pick out potential trades for the day.
  • k
    k
    Herbalife Nutrition (HLF) signed a deferred prosecution agreement to settle US government charges over allegedly bribing Chinese officials, Reuters and Bloomberg News reported Friday, citing a federal prosecutor.
  • Y
    Yahoo Finance Insights
    Herbalife Nutrition is down 4.93% to 45.04
  • B
    Brandon
    I remember a Herbalife store in my hometown when I was younger, lasted like 5 months. After watching “betting on zero” it all makes sense lol
  • ,
    ,
    Looks like HLF bought back not even half of the shares that were tendered at $48.75. Twenty-one million shares still being held by owners who wanted to unload at 48.75 but couldn't.
  • ,
    ,
    Herbalife down 12% on criminal charges, trading suspended

    Aug. 28, 2020 10:24 AM ET|About: Herbalife Nutrition Ltd. (HLF)|By: Douglas W. House, SA News Editor
    The NYSE has suspended trading Herbalife Nutrition (HLF -12.0%) due to volatility on reports that U.S. prosecutors have charged it in a criminal case related to bribery in China.

    Developing....
  • c
    cato
    How is this clearly corrupt company allowed to be listed on a major stock exchange???
  • R
    Richard
    Bad news, fine has to be paid, charges include conspiracy and fraud. Again, in a normal world this would be getting shorted. Doesn't matter to me, just trying to understand the logic of the market here.
  • J
    Jonathan
    I had no idea this scam company was listed until just now, definitely wouldn’t trust my money here at all!
    Bearish
  • J
    J.T
    Can we short Monday?
  • Y
    Yahoo Finance Insights
    Herbalife Nutrition is down 5.84% to 46.78
  • N
    NI
    This shouldn’t be going up
  • T
    TrendisFriend
    Will be down on Monday
    Bearish
  • ,
    ,
    What's going on pre-market? Is HLF being investigated for nefarious deeds once again?