GNC (GNC) has long been the most recognizable and ubiquitous nutrition and supplement retailer in the U.S. and spread internationally. However, long-term retail and cultural trends, financial mis-steps, and finally the COVID-19 led to cash-flow and insolvency concerns. Short-term loan payments (springing notes) were pushed off a few times with a looming June 30th payment date that would have to be met or various covenants would be breached. After the June 15th extension, options were running out, and after the close yesterday, June 23rd, the company filed for Chapter 11 bankruptcy. The stock