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Carl Icahn's Joke Tweet About The Ice Bucket Challenge Caused Herbalife To Spike

Aug 27, 2014, 20:54 IST

Shares of Herbalife surged after a Carl Icahn Tweet dissing an "Ice Bucket Challenge" request from Jefferies' CEO.

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Some folks reflexively thought that Icahn was referring to Herbalife when he said he was working on a "BIG deal."

Icahn owns a massive stake in Herbalife, the company that his long-time rival Bill Ackman is infamously short.

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