Herbalife Ltd. (NYSE:HLF) has skyrocketed 42% over the last six months. However, the stock recently took a beating after the company issued a bearish forecast for its current quarter. Herbalife said that it is facing intense pressure to comply with regulatory requirements related to its business practices. Experts believe that Herbalife shares will lose value in the near future as the Federal Reserve is expected to increase interest rate, which will dent the company’s profits.
Herbalife earns a major chunk of its revenue from overseas. Herbalife Ltd. (NYSE:HLF) is currently in hot waters after SEC opened an investigation to find out the company’s alleged corruption scandals in China.
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