Loeb Counters Ackman’s Bet Against Herbalife With 8% Stake
January 9, 2013 - 11:54am
Herbalife shares are up 7 percent after activist investor Dan Loeb took an 8 percent stake in the company. Loeb is countering well-known hedge fund manager Bill Ackman, whose short last month sent the stock into a nosedive. Dan Loeb’s…The post Loeb Counters Ackman’s Bet Against Herbalife With 8% Stake appeared first on ValueWalk.
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