Herbalife shares up, down, up

The weight loss company shares jumped in morning trading after Dan Loeb's hedge fund bought an 8% stake, or 8.9 mil shares, in the company. Then reports emerged that the SEC was looking into the company in response to noted short seller Bill Ackman calling Herbalife (HLF) a "pyramid scheme." Earlier in '12, David Einhorn of Greenlight Capital (GLRE) sent shares tumbling 20% after he grilled officials over changes to Herbalife's 10-K filings with the SEC. Shares rose 4.2% to 39.95.

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MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.156-0.009-5.45%
    5DN.SI
    0.300.000.00%
    5WA.SI
    0.189+0.001+0.53%
    5MC.SI
    0.865+0.015+1.76%
    N03.SI
    0.4150.0000.00%
    E5H.SI
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    0.55+0.09+20.88%
    BAJ.SI
    0.515+0.075+17.05%
    AWV.SI
    0.215+0.031+16.85%
    AZR.SI
    0.22+0.03+15.79%
    AZT.SI
    0.54+0.06+12.50%
    AWZ.SI
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    NamePriceChange% Chg
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    5TW.SI
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    40R.SI
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    AVW.SI
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    5I1.SI
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