Bill Ackman, who runs Pershing Square Capital, appears to be approaching the break-even point on his infamous Herbalife short. Shares of Herbalife slipped below $45 on Tuesday. The stock was last trading around $44.69, down over 40% since the beginning of the year. It's believed that Ackman shorted Herbalife in the mid-$40s back in 2012.

 

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