Stock FAQs

why is gnc stock so low

by Keyshawn Daugherty Published 3 years ago Updated 2 years ago
image

Why Is Gnc Stock So Low? During the past year, GNC closed more stores than it opened, resulting in a decline in sales. Same-store sales declined by 6% in the U.S.

GNC's top-line decline was driven by a combination of strategic store closures and a 0.6% decline in domestic same-store sales.Mar 5, 2019

Full Answer

What happened to GNC stock after filing bankruptcy?

Feb 01, 2022 · It is currently trading at less than $0.01 below its worth. If a bidding war were to take place, it would have been the only benefit that happened in the common. Why Is Gnc Stock So Low? During the past year, GNC closed more stores than it opened, resulting in a decline in sales. Same-store sales declined by 6% in the U.S. Is Gnc On The Nyse?

What are the earnings for GNC Holdings (GNC)?

(Bloomberg) -- Here we go again. A day after filing for bankruptcy protection, shares of GNC Holdings Inc. had their biggest gain in weeks.GNC jumped as much as 71% in New York on Thursday. That’s the biggest gain since June 8, with the beleaguered stock briefly trading for over $1 a share -- the highest in more than a week.

Is GNC owned by insiders?

Jun 29, 2020 · A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. As they say, 'price follows volume'. The 20 day average ...

What is the upside for GNC stock?

Dec 04, 2017 · Why GNC Stock Is a Value Trap and Not Likely to Recover Source: Shutterstock The reason supplements are a good business is because they do not require FDA regulation. Think about it. Just grab a...

image

Is GNC a good investment?

Good news, investors! GNC Holdings is still a bargain right now according to my price multiple model, which compares the company's price-to-earnings ratio to the industry average.Mar 2, 2020

What happens to my GNC stock?

GNC Holdings filed bankruptcy on June 23, 2020. Harbin Pharmaceuticals, a large shareholder, submitted a "stalking horse bid" for the company as part of the filing. Shares were delisted and moved to the "pink sheets" where value has slowly decayed awaiting bankruptcy settlement.Sep 16, 2020

What is GNC stock worth?

GNC Price/Volume StatsCurrent price$0.5552-week highPrev. close$0.5552-week lowDay low$0.55VolumeDay high$0.55Avg. volume50-day MA$0.68Dividend yield1 more row

Is GNC still on the stock market?

it will begin the process of delisting the health and wellness retailer's common stock from its exchange. In a filing Tuesday, GNC said the NYSE told the company it is no longer suitable for listing now that it has filed for Chapter 11 bankruptcy.Jun 30, 2020

Who owns GNC stock?

Harbin Pharmaceutical GroupGNC (store)TypeSubsidiaryTotal assetsUS$ 2.07 billion (2016)Total equityUS$ -95.05 million (2016)Number of employees~16,800 (2016)ParentHarbin Pharmaceutical Group13 more rows

Did Harbin buy GNC?

Harbin Pharmaceutical's US$760M agreement to acquire GNC approved by bankruptcy court.Oct 14, 2020

What is GNC stock called?

What is GNC's stock symbol? GNC trades on the New York Stock Exchange (NYSE) under the ticker symbol "GNC."

Who is the CEO of GNC?

Josh Burris (Feb 11, 2021–)GNC / CEO

Why did GNC stock go up?

Even before GNC had officially announced its bankruptcy filing, the company's stock also popped more than 100% on June 8. The phenomenon has largely been attributed to active traders on millennial trading app Robinhood. GNC, meanwhile, is facing a delisting from the New York Stock Exchange.Jun 25, 2020

What does GNC stand for?

GNC stands for "gender non-conforming."Feb 25, 2019

How were GNC's earnings last quarter?

GNC Holdings, Inc. (NYSE:GNC) issued its quarterly earnings data on Monday, May, 11th. The specialty retailer reported ($0.19) EPS for the quarter,...

Who are GNC's key executives?

GNC's management team includes the following people: Mr. Kenneth A. Martindale , Chairman & CEO (Age 59) Ms. Tricia K. Tolivar , Exec. VP & CFO...

Who are some of GNC's key competitors?

Some companies that are related to GNC include Tractor Supply (TSCO) , Ulta Beauty (ULTA) , DICK'S Sporting Goods (DKS) , Five Below (FIVE) ,...

What other stocks do shareholders of GNC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GNC investors own include Bank of America (BAC) , General...

What is GNC's stock symbol?

GNC trades on the New York Stock Exchange (NYSE) under the ticker symbol "GNC."

How much money does GNC make?

GNC has a market capitalization of $0.00 and generates $2.07 billion in revenue each year.

How many employees does GNC have?

GNC employs 12,400 workers across the globe.

What is GNC's official website?

The official website for GNC is www.gnc.com .

Where are GNC's headquarters?

GNC is headquartered at 300 SIXTH AVENUE, PITTSBURGH PA, 15222 .

Where is GNC located?

The company was founded in 1935 and is based in Pittsburgh, Pennsylvania.

Is GNC going bankrupt?

DELAWARE • GNC Holdings, the parent company of nutrition supplement chain GNC, has filed for bankruptcy, with plans to close at least 800 to 1,200 locations and possibly sell itself.. Read more at straitstimes.com.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9