Herbalife trades higher as Ackman underwhelms

|About: Herbalife Ltd. (HLF)|By:, SA News Editor

After trading lower by as much as 2.4% during Bill Ackman's presentation at the Robin Hood Investors Conference, Herbalife (HLF +2.9%) moves immediately into positive territory after the Pershing Square chief leaves the stage.

Although Ackman raised familiar questions and concerns, investors weren't impressed.

With buyback and LBO rumors circulating, the bar for what counts as "bad news" for the shares has been ratcheted ever-higher over the past several months.