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.
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.
