Herbalife sells nutritional supplements, personal care and weight-management products worldwide. Its products are sold in 95 markets across the globe. HLF was incorporated in the Cayman Islands in 2002 as a holding company for Herbalife International, which was founded in 1980. The operating company is headquartered in Los Angeles. With a market cap of nearly $793 million, the stock is generally regarded as small-cap growth.

U.S. stocks closed lower on Thursday. Walmart shares fell 6.5% on weak guidance. Bank stocks also declined. The Dow fell 1%, the S&P 500 lost 0.4% and the Nasdaq declined 0.5%. Gold rallied to $2,956 per ounce.

Herbalife sells nutritional supplements, personal care and weight-management products worldwide. Herbalife products are sold in 94 countries, and over half of sales come from outside the Americas. HLF was incorporated in the Cayman Islands in 2002 as a holding company for Herbalife International, which was founded in 1980. The operating company is headquartered in Los Angeles. With a market cap of nearly $844 million, the stock is generally regarded as small-cap growth.

Stocks are higher Friday morning, and appear set to end a very positive week with some additional gains. A catalyst today is consumer-sentiment data from the University of Michigan that suggests consumer confidence is on the upswing. As of this writing, the Dow Jones Industrial Average and the S&P 500 are clearly in the green, while the Nasdaq Composite is flipping back and forth from slightly green to slightly red. But as that index has popped by almost 6% this week alone, it is hard to complain about today's action.