Breaking Finance News

BREAKING- CNBC Reporting George Soros Now Long Herbalife (HLF)

UPDATE: Benzinga is reporting that the positoin is being referred to as “a top 3” holding.

CNBC is reporting that George Soros is long Herbalife (NYSE: HLF).

In another blow to hedge fund investor, Bill Ackman, the stock is now up more than 8 percent on the news. Soros is the latest big investor to take a long position. The most well-known and public is Carl Icahn who recently said that he likes Bill Ackman because he made Icahn a quarter of a billion by taking the Herbalife position.

There is no more information on this story at this time. We will update the story as more comes available.

[stock-tools exchange="NYSE" symbol="HLF" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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