The Herbalife drama continues to unfold, taking on Hollywood-esque tones as investors Bill Ackman and Carl Icahn duked it out on live television. As the hedge fund titans lashed out at each other, shares in the nutritional supplement company soared, rising as much as 5.7% at one point. Icahn, who called Ackman a “crybaby,” dodged any question regarding his rumored long position in Herbalife.
The Herbalife drama continues to unfold, taking on Hollywood-esque tones as investors Bill Ackman and Carl Icahn duked it out on live television. As the hedge fund titans lashed out at each other, shares in the nutritional supplement company soared, rising as much as 5.7% at one point. Icahn, who called Ackman a “crybaby,” dodged any question regarding his rumored long position in Herbalife.