GNC Holdings Inc (GNC) Stock News
NYSE:GNC - New York Stock Exchange, Inc. -
GNC Latest News, Press Relases and Analysis
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Why GNC filed for bankruptcy protection despite vitamin sales boom
The vitamin and dietary supplement market in the U.S. is worth almost $50 billion, according to the Nutrition Business Journal. Brick-and-mortar retailers like GNC, The Vitamin Shoppe and Vitamin World have faced an onslaught of competition from big-box retailers like Walmart and Target, grocery stores like Kroger and Whole Foods and e-commerce giants like Amazon.
As pandemic stretches on, retail bankruptcies approach highest number in a decade
The parent companies of Lord & Taylor and Men's Wearhouse are the latest retailers to be bankrupted by temporary closures during the pandemic.
These retailers filed for bankruptcy in 2020
A number of retailers were already teetering on the brink of collapsing prior to the coronavirus pandemic slamming the industry.
U.S. Bankruptcy Tracker: Retail, Energy Set Grim Milestones
More U.S. retail companies sought bankruptcy protection in the first half of 2020 than in any other comparable period. Energy filings piled up at the fastest pace since oil prices plunged in 2016, data compiled by Bloomberg show.
Mentions: CEC 1695845D.CA CHK LLEX ...
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GNC Jumps After Bankruptcy Filing, Defying Warning of a Wipeout
Here we go again. A day after filing for bankruptcy protection, shares of GNC Holdings Inc. had their biggest gain in weeks.
Mentions: HTZ
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Bankruptcy-trade stocks pop, but well off premarket highs (NYSE:HTZ)
Stocks in bankruptcy jump higher premarket in volatile trade on renewed enthusiasm for Hertz and for new entrant GNC.Hertz (NYSE:HTZ), up 13% before hours, GNC (NYSE:GNC) up 58% and Retailwinds (NYSE:
Best & Worst Performing Small Cap Stocks for June 24, 2020
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GNC files for Chapter 11 bankruptcy protection as COVID-19 weighs on sales
GNC Holdings Inc. (NYSE: GNC) said late on Tuesday that it has filed for Chapter 11 bankruptcy protection in the United States. The company also expressed plans of closing a minimum of 800 to 1,200 stores. Shares of the company are currently flat on Wednesday. At 49 pence per share, GNC is more than 75% down year to date in the stock market. At the time of writing, it has a market cap of £41.50 million. GNC swings to a £160.88 million loss in Q1 Founded in 1935, GNC had been scrambling to minimise its debt load of roughly
GNC Declares Bankruptcy, Looks to Sell Business
Vitamin retailer is pursuing a dual-track strategy that could see it reemerge as a standalone company again.
GNC Bankruptcy: GNC Stock Plunges 29% With Nearly 1,200 Stores to Close
GNC (GNC) has filed for bankruptcy and the company's stock is falling hard as it prepares to close down up to 1,200 stores.
Wall Street Retreats on Coronavirus Woes
Wall Street Retreats on Coronavirus Woes.
GNC enters the traders' paradise of bankruptcy (NYSE:GNC)
Shares of GNC Holdings (NYSE:GNC) are on watch after the company filed for bankruptcy yesterday. The way things are going with Hertz and J.C. Penney, the stock could be the next shiny object for day
Mentions: FRG
Pre-Markets Take a Breather from Bullishness
With a nearly 2-week winning streak on Nasdaq and indexes routinely closing in the green, futures are lower today.
GNC Holdings files for Chapter 11 (NYSE:GNC)
GNC Holdings (NYSE:GNC) files for Chapter 11 bankruptcy, with a commitment from certain term lenders to provide $100M in "new money" debtor-in-possession financing and $30M from modifications
GNC Files Bankruptcy to Manage Debt With Plan to Sell Itself
GNC Holdings Inc. filed for bankruptcy protection with the aim of selling itself and closing stores after its latest effort to manage its debt load unraveled amid the coronavirus pandemic.
GNC Accelerates Store Optimization and Growth Strategies
Are Options Traders Betting on a Big Move in GNC Holdings (GNC) Stock?
Investors need to pay close attention to GNC Holdings (GNC) stock based on the movements in the options market lately.
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GNC gets pact with lenders for debt extension (NYSE:GNC)
GNC Holdings (NYSE:GNC) +22.7% after-hours on news it reached an agreement with required lender groups to extend the springing maturity dates for certain loans.GNC says the agreement will extend from
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Fate Therapeutics among healthcare gainers; GNC and Cerecor among losers
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