Why Herbalife Stock Crushed the Market Today
Herbalife(HLF) The Motley Fool·2024-11-01 05:37
The market was impressed with the company's third-quarter earnings.Investors liked the news they heard about multilevel nutrition-supplement company Herbalife (HLF 10.87%) on Thursday. The company released rather pleasing quarterly results and was rewarded with a nearly 11% boost in its share price. This occurred on a day when the bellwether S&P 500 index was notably in negative territory, closing 1.9% lower.A pair of declinesHerbalife's third-quarter earnings, published just after market hours on Wednesday ...