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Pershing Square's total assets reportedly declined by 12% in the first quarter of 2018, falling to $8.2 billion.
Carl Icahn just dunked on Bill Ackman to end one of the most high-profile hedge fund spats in recent memory
Icahn was right about his big bet on Herbalife. Ackman wasn't.
Andrew Left of Citron Research tweeted that the Canadian company Shopify was "a business dirtier than Herbalife," and he released a YouTube video and report.
Bill Ackman's short position in Herbalife may be squeezed after the company executes a $600 million Dutch auction.
Herbalife shares were up about 8% Monday morning after the company disclosed that it had discussions to go private.
As Herbalife's stock price starts to weaken, long-time pessimist Bill Ackman is finally making money on his short trade. And other investors are joining him.
Herbalife also reported earnings of $1.12 per share against estimates of $1.09 per share.
Icahn shoots back on Herbalife
Bill Ackman thinks that Carl Icahn's attempt to sell his Herbalife stake is capitulation. It's really just a sign that Icahn is moving on.
Carl Icahn has explored selling his stake in Herbalife to investors via Jefferies.