Carl Icahn Just Upped His Herbalife (HLF) Stake
Author By Sophia VidaPosted on Billionaire investor Carl Icahn has increased his stake in Herbalife this week. This is despite the company announcing that their CEO Michael Johnson will be stepping down next year.
A regulatory filing this week shows that Icahn upped his ownership from 20.8 percent up to 23.1 percent. He is now the company’s biggest stakeholder.
Disclaimer: We have no position in Herbalife Ltd. (NYSE: HLF) and have not been compensated for this article.
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