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GNC Holdings +13%, SA contributor fades the sell-side

Feb. 21, 2017 11:10 AM ETGNC Holdings, Inc. (GNC) StockGNC, VSIBy: Clark Schultz, SA News Editor4 Comments
  • GNC Holdings (NYSE:GNCshoots up 13.74% as it continues to recover from last week's news that the company was suspending its dividend.
  • An elevated level of short interest on GNC has added to the volatility surrounding the retailer.
  • SA contributor Courage & Conviction posted an article earlier this morning arguing that short-sighted sell-siders (5 Sells, 7 Holds) may be missing the boat on GNC.
  • Vitamin Shoppe (NYSE:VSI) is up 2.64% on the day, and the broad retail sector is having a good day off of M&A buzz (Kraft, QSR-PLKI).

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