Why GNC Holdings, Inc. Stock Dropped Today [The Motley Fool]
GNC ACQUISITION HOLDINGS (GNC)
Last gnc acquisition holdings earnings: 3/24 06:02 pm
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Source: The Motley Fool
The health and wellness products specialist dropped after enjoying a massive pop on Thursday. Steve Symington ( TMFSymington ) Jan 19, 2018 at 4:21PM What happened Shares of GNC Holdings Inc. ( NYSE:GNC ) fell as much as 12.4% early Friday, then partially recovered to trade down 8.4% as of 3:30 p.m. EST following the health and wellness retailer's comparatively massive pop on Thursday. To be sure, GNC stock skyrocketed nearly 52% yesterday after the company announced better-than-expected preliminary fourth-quarter results. So more than anything, today's pullback appears to be the product of some investors taking their quick profits off the table. IMAGE SOURCE: GNC HOLDINGS. So what I noted yesterday that the market's positive reaction to GNC's results seemed a tad excessive at first glance. But to be fair, the stock had also only j
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