NEW YORK, NY / ACCESSWIRE / August 15, 2017 / Both Herbalife and Nu Skin Enterprises suffered losses on Monday after a statement from China's State Administration for Industry & Commerce released a statement that could harm both companies as both companies consider China a big market for their sales. China has said they would be boning up on investigating multi-level marketing organizations but did not name any names.

RDI Initiates Coverage on:

Herbalife Ltd.
https://ub.rdinvesting.com/news/?ticker=HLF

Nu Skin Enterprises, Inc.
https://ub.rdinvesting.com/news/?ticker=NUS

Herbalife Ltd.'s shares fell 5.25% on Monday with nearly 4 million shares traded. The stock was among other companies that do business in China that were hit yesterday after concerns were raised that China would be cracking down on their investigations on multi-level marketing organizations. If Herbalife were to be in any trouble, it would be Bill Ackman having a celebratory drink as his Pershing Square Capital Management firm is a short seller of the company. Rival investor Carl Icahn would be feeling a burn as his Icahn Associates Holding firm owns around a 24.5% stake in Herbalife according to FactSet. Herbalife's fall yesterday was the biggest decline for the stock in more than two months. Herbalife sells a range of nutritional supplements around the world. It was just last year that the company was dealt a blow when it agreed to revamp its U.S. operations and pay $200 million to refund distributors as part of a settlement with the FTC.

Access RDI's Herbalife Ltd. Research Report at:
https://ub.rdinvesting.com/news/?ticker=HLF

Nu Skin Enterprises, Inc.'s shares closed in the red on Monday, on trading volume that was roughly six times higher than usual. Both Nu Skin Enterprises and Herbalife took a hit on Monday as concerns heightened over Chinese regulators cracking down on the marketing practices of both companies. Shares of Nu Skin closed down 7.45% yesterday. The company sells beauty products and a big portion of its sales come from China. China's State Administration for Industry & Commerce or the SAIC issued a statement revealing that it intends to grind away on its investigation on multi-level marketing organizations. Though the Administration did not list any company names, shares of Nu Skin tumbled that it may be included.

Access RDI's Nu Skin Enterprises, Inc. Research Report at:
https://ub.rdinvesting.com/news/?ticker=NUS

Our Actionable Research on Herbalife Ltd. (NYSE: HLF) and Nu Skin Enterprises, Inc. (NYSE: NUS) be downloaded free of charge at Research Driven Investing.

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