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Herbalife’s Hedge Fund Bulls Flee
Problems with its business in China are deepening, making the stock one of the year’s worst performers.
The biggest hedge fund boosters of Herbalife have continued to sell their shares in the trouble-racked multilevel marketing company, the latest 13F filings with the Securities and Exchange Commission show. Among the big sellers are D.E. Shaw, Route One Investment, and Renaissance Technologies — all once among the top ten holders
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