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Downward spiral continues for GNC Holdings

Published 10/28/2016, 07:37 AM
Downward spiral continues for GNC Holdings
BAC
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  • Piper Jaffray and Bank of America (NYSE:BAC) both downgrade GNC Holdings to Underperform after factoring in the company's brutal earnings report yesterday.
  • Shares of GNC fell 24.88% yesterday and are off another 1.72% in premarket action this morning to a new multi-year low of $14.87.
  • Previously: GNC Holdings misses by $0.12, misses on revenue (Oct. 27)
  • Previously: Crushing fall in GNC Holdings after weak earnings (Oct. 27)

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