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Herbalife Shakes Off Market Dive After Investor Scare

This article was originally published in The Tan Sheet

Executive Summary

David Einhorn’s questions during Herbalife’s Q1 earnings call sowed market doubt about the firm, whose stock dropped about 20% May 1. But analysts called the panic behind the sell-off “unwarranted” given the firm’s strong Q1 performance and sound fundamentals.

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