3 Stocks That Aren’t Your Friends on Monday

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Herbalife (NYSE:HLF) shares are trading lower after the New York Post reported that the supplement-maker was under investigation after the Federal Trade Commission received multiple complaints. According to the Post, the existence of the probe emerged after the publication cited the Freedom of Information Law. The FTC then released 192 complaints filed against Herbalife over the past seven years.

Shares dropped as much as 16 percent in pre-market trading today after closing at $35.07 on February 1. The company’s shares are already down 39 percent over the last 19 months amid allegations that it is a pyramid scheme.

Investors are making great returns as markets roar higher. Join the party. Click here to discover our Feature Stock Pick now!

Current Price: $32.88

HLF

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business