Herbalife Q4 earnings: $1.28 per share, adjusted, on $1.27 billion in revenue

What is Herbalife stock doing now? Herbalife spent most of last year in the spotlight, surging 139 percent in the wake of a dramatic faceoff with billionaire investor William Ackman.. Ackman's Pershing Square Capital Management has a $1.16 billion short bet against Herbalife and is accusing the company of running an illegal pyramid scheme.