Shares of Herbalife are tanking again today after activist investor Bill Ackman gave a blistering 342-slide presentation on his short thesis for the nutrition and weight-loss multi-level marketing company.
Ackman, who considers Herbalife to be a pyramid scheme, confirmed Wednesday that he was short. Since then, the shares have nose-dived.
Check out the chart below from Yahoo! Finance:
[credit provider=”Yahoo Finance”]