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Actionable news in GNC: GNC HOLDINGS Inc,

GNC Stock Surges on Potential Sale

NEW YORK (TheStreet) -- GNC (GNC - Get Report) stock is up by 6.41% to $25.90 in pre-market trading on Monday, as the health and wellness retailer is considering a sale as part of its strategic alternatives.

The company is evaluating its current operating plan as well as alternatives such as accelerated refranchising strategies, capital structure optimization, partnerships and other collaborations, according to a statement.

GNC is working with Goldman Sachs (GS) and legal adviser Wachtell, Lipton, Rosen & Katz as part of the process.

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