That is the conclusion from Seekingalpha.com, a leading technical stock analyst website.
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SeekingAlpha Summary for Herbalife
Herbalife is struggling to reaccelerate growth amid a weak operating environment.
Despite management efforts to support profitability, sales volumes are down globally, highlighting the underlying operating weakness.
We expect shares to remain under pressure, with the setup consistent with a textbook “value trap” in the stock.
“Herbalife Inc (NYSE:HLF) remains one of the world’s largest multi-level marketing (MLM) businesses through an extensive portfolio of wellness products and nutritional supplements. That being said, there is a sense that the company’s best days are behind it, struggling to maintain the operating momentum that defined its last decade up to the short-lived pandemic-era boom.”
In our view, Herbalife’s main headwind is poor brand momentum. The company will be challenged to bring back lost distributors that have already tried selling the platform while the novelty of the product catalog wearing