Herbalife Shares Plunge After Company Lowers Revenue Guidance
Shares of Herbalife Nutrition plunged 21% on news that the downtown-based nutrition supplement company lowered third-quarter and full-year revenue guidance due to lower-than-expected results from its distributor network.The company released the lowered guidance in advance of an investor conference it hosted on Sept. 14 designed to drum up investor interest in the company.“Recently, the company … Continue reading Herbalife Shares Plunge After Company Lowers Revenue Guidance
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