Why Herbalife Shares Are Trading Lower By Around 36%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Portfolio Pulse from Avi Kapoor
Herbalife Ltd. (NYSE:HLF) shares plummeted by approximately 36% due to disappointing quarterly earnings, missing market expectations. The article also highlights significant movements in other stocks during Thursday's mid-day session, including notable gainers like JX Luxventure Limited and losers such as Treasure Global Inc.
February 15, 2024 | 6:20 pm
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Herbalife shares dropped significantly due to disappointing quarterly earnings, missing earnings per share estimates.
The sharp decline in Herbalife's stock price is directly attributed to its earnings miss, which is a critical factor for investor confidence and stock valuation.
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