Ackman exits years-long Herbalife short bet, turns to options

(Reuters) - Activist investor William Ackman, who placed a $1 billion bet in 2012 that Herbalife Ltd's stock price would tumble to zero, said on Wednesday his firm has capped losses by recently closing out its short position in the nutrition and supplements company.


from Reuters: Business News http://ift.tt/2h3JcKZ
Ackman exits years-long Herbalife short bet, turns to options Ackman exits years-long Herbalife short bet, turns to options Reviewed by Tha Kur on November 01, 2017 Rating: 5

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