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Why is HLF up 3.52%?
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HLF:NYSE
Herbalife Ltd
$15.75
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+3.52%(+0.53) 1D
Nov 13, 12:23:40 PM GMT-5 · USD
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All symbols
| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for HLF...
Open
$15.29
High
$15.82
Low
$15.26
Mkt. cap
1.65B
Avg. vol.
1.58M
Volume
368.85K
P/E ratio
9.36
52-wk high
$20.40
52-wk low
$8.65
EPS
$1.68
Beta
0.74
Shares outstanding
104.90M
No. of employees
8K
Open
$15.29
High
$15.82
Low
$15.26
Mkt. cap
1.65B
Avg. vol.
1.58M
Volume
368.85K
P/E ratio
9.36
52-wk high
$20.40
52-wk low
$8.65
EPS
$1.68
Beta
0.74
Shares outstanding
104.90M
No. of employees
8K
News stories
From web sources and news partners
Profile
Herbalife Nutrition Ltd., also called Herbalife International, Inc. or simply Herbalife, is an American multinational multi-level marketing corporation that develops and sells dietary supplements.
The company was founded by Mark R. Hughes in 1980, and employs an estimated 9,900 people worldwide. The company operates in 95 countries through a network of approximately 4.5 million independent distributors and members. In October 2022, previous CEO Michael O. Johnson was appointed as chairman and interim chief executive officer following the departure of John Agwunobi. The business is incorporated in the Cayman Islands, a tax haven, with its corporate headquarters located in Los Angeles, California.
Herbalife has been accused of fraudulently operating a pyramid scheme, deceiving distributors about the amount of income they could expect to earn and that most of their income would be made from recruiting additional distributors instead of from selling merchandise. Wikipedia
About Herbalife Ltd
CEO-
Employees8.5K
FoundedFeb 1980
HeadquartersLos Angeles, California, United States
SectorConsumer Staples
IndustryPersonal care products
Websiteherbalife.com