Why Herbalife Nutrition Stock Blasted Off Today

Shares of Herbalife Nutrition (NYSE: HLF) jumped higher on Friday after the company reported financial results for the first quarter of 2020. As of 11:30 a.m. EDT, the stock was up 13% for the day.

While Q1 showed net sales growth, investors may be more excited that Herbalife is close to putting an investigation from the SEC and Department of Justice in the rearview mirror.

Image source: Getty Images.

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Source Fool.com