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GNC Holding sinks with CEO out and guidance pulled

Jul. 28, 2016 10:14 AM ETGNC Holdings, Inc. (GNC) StockGNCBy: Clark Schultz, SA News Editor26 Comments
  • GNC Holdings (NYSE:GNC) announces that CEO Mike Archbold is leaving the company.
  • Robert Moran will take over his duties on an interim basis.
  • The company says it pulled its 2016 guidance in order to evaluate the business under new leadership.
  • Previously: GNC Holdings beats by $0.01, beats on revenue (July 28)
  • Shares of GNC Holdings are down 19.21% to $21.99. A 52-week low of $21.34 was seen earlier.

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