Shares of
The multi-level marketing company that sells nutrition products is up more than 8%.
Herbalife is the stock hedge fund fund titan
Not everyone agrees with Ackman, though. A number of hedge fund managers, most notably Daniel Loeb of Third Point LLC, have gone long the stock.
Shares of Herbalife are still down more than 5% since December 18, the trading session before Ackman confirmed his short position. At one point the stock tumbled more than 38%, but has pared losses in recent weeks.
SEE: Bill Ackman's Dizzying Takedown Of Herbalife >
SEE ALSO: Herbalife's Full Presentation On Why Bill Ackman's Short Will Be A Disaster >