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Icahn denies attempt to sell Herbalife stock, buys more shares

August 27, 2016 by · Leave a Comment 

Herbalife shares rose 4 percent in extended trading, reversing course after Icahn said he had bought 2.3 million shares on Friday. “Completely contrary to what Bill Ackman stated on television today, I have never given Jefferies an order to sell any of our Herbalife shares,” Icahn said in a statement after market close. Ackman, who unveiled a $1 billion short bet against Herbalife in 2012, said on CNBC earlier in the day that Icahn's planned stake

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Icahn denies attempt to sell Herbalife stock, buys more shares