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Stocks in bankruptcy jump higher premarket in volatile trade on renewed enthusiasm for Hertz and for new entrant GNC. More news on: Hertz Global Holdings, Inc., GNC Holdings, Inc., RTW Retailwinds, Inc., Consumer stocks news, Read more ...
Vitamin and wellness retailer GNC (NYSE: GNC) filed for bankruptcy protection late Tuesday, saying it planned to close 1,200 of its 7,300 stores. Having secured financing through a majority of its lenders, as well as Harbin Pharmaceutical, a state-controlled Chinese pharmaceutical that owns...
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 paymen...
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 traders at Robinhood. More news on: GNC Holdings, Inc., Franchise Group, Inc., Consumer...
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 to the existing ABL credit agreement. More news on: GNC Holdings, Inc., Consumer stocks news, ...
PITTSBURGH , June 23, 2020 /PRNewswire/ -- GNC Holdings, Inc. (NYSE: GNC) (the "Company"), a leading global health and wellness brand, today announced that the Company, certain of its North American entities, certain of its secured lenders, and key stakeholders have reached an agreem...
Editors' Note: This is the transcript of the podcast we posted yesterday. Please note that due to time and audio constraints, transcription may not be perfect. We encourage you to listen to the podcast, embedded below, if you need any clarification. We hope you enjoy. Daniel Shvartsm...
Listen to or subscribe to The Investing Edge on these podcast platforms: Apple Podcasts Spotify Google Play Stitcher Seeking Alpha by Daniel Shvartsman 2020 has been a strange and, if I can be direct, not great year. In the equity markets, things ...
Are These Penny Stocks To Buy Or Avoid This Week? When it comes to penny stocks , things can change at a moment’s notice. We saw this first-hand over the last few days. On Friday, there were several stocks under $5 that finished the week strong. But if you were to look at them on Monda...
As of 5:50 AM, here are the stocks that are up most and down most in early premarket trading. More news on: China HGS Real Estate Inc., vTv Therapeutics Inc., China Natural Resources, Inc., , Stocks on the move, News on ETFs Read more ...
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National supplements retailer GNC is going to start selling Charlotte’s Web Holdings (OTC: CWBHF), Inc. full spectrum hemp extract products. Initial shipments of six varieties of Charlotte’s Web Gummies will be available for purchase at GNC retail locations acros...
The stock market's resiliency has been surprising lately, especially given all the uncertainty related to the coronavirus pandemic. Even with a rise in the number of COVID-19 cases reported, the Nasdaq Composite (NASDAQINDEX: ^IXIC) has been able to push to record highs recently. As of just ...
Are These On Your List Of Penny Stocks Right Now? When you think about “frothy stocks” do penny stocks come to mind? This is a term you’ll likely come across in the stock market today. What does frothy refer to in stocks? These are market conditions that typically come b...