Avery Schumer
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Avery Schumer in Insider trading,

Bill Ackman’s bets on Valeant, Herbalife headed in the wrong direction

Ackman’s hedge fund may have lost over $160 million on Valeant’s stock on Thursday, and about $580 million since March 31

William Ackman’s big bullish bet on Valeant Pharmaceuticals International Inc., and his bearish bet on Herbalife Ltd., are going in the wrong direction.

What are your thoughts on these stocks?