Herbalife Stock dropped with rising concerns of the company running a pyramid scheme.

Admin   |   31 December, 2014   |   895   |   3980

Bidnessetc.com conducted a survey and the results are promising. They explain below:

Herbalife Ltd. (NYSE:HLF) stock has dropped 51.18% year-to-date (YTD), due to weaker-than-expected financial results for its past two quarters and rising concerns of the company running a pyramid scheme.

To get some insight into the demand for Herbalife’s products and the company’s business model, Bidness Etc conducted a survey of Herbalife’s distributors.

The results of our survey support the argument that real demand for Herbalife’s products exists, distributors remain largely satisfied with the company, international regions like South Africa remain strong drivers of growth for the company, and company sales are continuing to grow in both developed and developing markets.