Bill Ackman had another terrible day
Bill Ackman probably did not have a happy end to his work week.
Two of his biggest trades — Herbalife and Valeant Pharmaceuticals — headed in the opposite directions of his positions on Friday.
Herbalife, a long-time Ackman short, ended the day up exactly 9% at $63.57 a share while Valeant was down 13.4% at $29.86 a share.
Herbalife
Shares of Herbalife soared to their highest level in a year after the company hinted at a possible resolution to its case with the Federal Trad
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