GNC Holdings Slumps: GNC Falls 14.6% in Session

GNC Holdings Inc. (GNC) saw a big move last session, as the company’s shares fell by about 15% on Friday. The move came on pretty good volume too with far more shares changing hands than in a normal session.

This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $53.76 to $49.02 in the past one-month time frame.

This slump shouldn’t be too much of a surprise to investors, as this specialty retailer of health and wellness products has seen 9 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

GNC currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Some better-ranked stocks in the retail sector include Herbalife Ltd. (HLF), Farmer Brothers Co. (FARM) and Coastal Contacts Inc. (COA). All these stocks hold a Zacks Rank #2 (Buy).

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GNC HOLDINGS (GNC): Free Stock Analysis Report

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