GNC Holdings (GNC) Reports In-Line Q4 EPS
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February 14, 2018 3:05 AM EST
Deutsche Bank raised its price target on GNC Corp. (NYSE: GNC) to $5.00 (from $4.00) while maintaining a Hold rating.
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February 13, 2018 7:35 AM EST
GNC Holdings (NYSE: GNC) surged 40% prior to the market open Tuesday after reporting Q4 results. The spike pressured short sellers that control 27.2 million shares, or about 41% of the float.
GNC also announced an agreement regarding a strategic partnership and China joint venture agreement with... More
February 13, 2018 6:09 AM EST
GNC Holdings, Inc. (NYSE: GNC) reached an agreement regarding a strategic partnership and China joint venture agreement with Harbin Pharmaceutical Group Holding Co., Ltd ("Hayao"), a leading pharmaceutical company in China. Under the terms of the agreement Hayao will invest approximately $300 million in GNC, becoming the single largest shareholder in GNC (on an as converted basis). In addition, GNC and Hayao have agreed to form a joint venture for the manufacturing, marketing, sale and distribution of GNC-branded products in China, leveraging the synergies between Hayao and GNC in the fast growing Chinese market. CITIC... More
February 13, 2018 6:08 AM EST
GNC Holdings (NYSE: GNC) February call option implied volatility is at 191, March is at 115; compared to its 52-week range of 57 to 156 into the expected release of Q4 results on February 14.
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