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GNC Holdings Inc. (GNC) Has Risen To A 2-Month High On Q4 Results

GNC Holdings Inc. (GNC) reported fourth quarter EPS of $0.25 Tuesday morning, up from $0.07 a year ago. The result was in line with analysts' expectations.

The company also announced it has also agreed to a strategic partnership and China joint venture agreement with Harbin Pharmaceutical Group Holding Co., Ltd. Hayao will invest approximately $300 million in GNC.

GNC has gapped open sharply higher Tuesday morning and is now up 1.19 at $5.38. The stock has jumped to a 2-month high.

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