Shares of network marketing company Herbalife Ltd. HLF have been rallying on heavy volume throughout Wednesday's trading session on heavier than normal volume. The company reported earnings on Tuesday after the closing bell, blowing away Wall Street estimates.
Herbalife (HLF) earned $1.32 per share compared to expectations of $0.92. Year over year revenues were up 20.5%. The following day, the shares gapped significantly higher. During today's session, the stock opened lower and has climbed throughout the session. Currently, HLF has gained 2.86% to $56.50.
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