Shares of Herbalife are volatile in Monday's post-market trading session after the company released fiscal year 2014 raised from $5.85-6.05 previously to $6.10-6.30, compared to the Street estimate of $6.05.
Carl Icahn quickly took to Twitter to show his approval for the repurchase program.
Market News and Data brought to you by Benzinga APIsGreat move by #HLF to suspend dividend & buyback shares. $HLF accelerates return to shareholders. Confirms confidence in the future.
— Carl Icahn (@Carl_C_Icahn) April 28, 2014
The stock is flat in Monday's post -market session from the closing price of $58.79 after spiking to a low of $55.98 and then to a high of $61.88.© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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