GNC (NYSE:GNC) and Herbalife (NYSE:HLF) fell sharply Tuesday on reports that the Justice Department will take legal action against as-yet unnamed supplement companies.
A DOJ press conference is scheduled for 3:30 p.m. ET, and the agency is expected to announce criminal and civil action against the advertising and sale of supplements.
Also read: Caterpillar Says Sales Woes Could Linger
20:52 After earning crush, Tesla expected to unveil 'solar roof', integrated home battery27
12:23 Lockheed Martin's quarterly profit handily beats estimates19
11:41 Caterpillar earnings: 85 cents per share, vs expected EPS of 76 cents18
21:31 Time Warner jumps after hours on report it could sell for $110 per share to AT&T6