Herbalife Executives' Investments Spark Uptick In Share Price After Results Send Stock Plummeting

Since closing at a 14-year low of $8.07 the day of the execs’ transactions, Herbalife shares trend steadily up from close of $8.26 on 20 February to $8.83 on 29 February. Some execs sell back some shares on 25 February at $8.67.

• Source: Shutterstock

Herbalife Nutrition Ltd.’s share price dropped to a 14-year low when it reported its latest results recently, conditions prompting the CEO to buy nearly $500,000 in shares and six other executives the same day to acquire between 637 and 27,881 shares.

The executives’ investments may have encouraged investors. Since the closing price of $8.07 the day of their share transactions, Herbalife shares have trended steadily up from a close of $8

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on HBW Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Earnings

More from Business