David Einhorn | Mahony Partners

Herbalife: An Update

Herbalife didn’t get much of a bounce today, a day after investor David Einhorn raised questions about the company’s accounting that sent the shares tumbling. After rising early in the day, the shares fell another 6 percent, even after the company provided additional information in response to Einhorn’s questions. (My earlier post discussed the […]

What to Do When David Einhorn Strikes

Crisis

Herbalife shares are rebounding a little after a 22% drop yesterday, when questions from investor David Einhorn during the company’s earnings call sent investors fleeing. Einhorn is known for spotting accounting problems at companies and backing up his skepticism by taking big short positions. His sharp questioning of Lehman Brothers highlighted issues that ultimately brought […]