Shares of Herbalife surged after a Carl Icahn Tweet dissing an "Ice Bucket Challenge" request from Jefferies' CEO.
To Rich Handler, will get back to you shortly on #ALSChallenge, but right now too busy working on BIG deal with another investment banker
— Carl Icahn (@Carl_C_Icahn) August 27, 2014Some folks reflexively thought that Icahn was referring to Herbalife when he said he was working on a "BIG deal."
Icahn's Tweet is supposed to be a joke. It's well known that he's a big Jefferies client and does a lot of business with the firm.
Icahn owns a massive stake in Herbalife, the company that his long-time rival Bill Ackman is infamously short.
Check it out:
