GNC, Herbalife Plunge On Reports Of DOJ Action

November 17, 2015 7:03 PM

37 0

GNC, Herbalife Plunge On Reports Of DOJ Action

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: Markets Right Now: S&P 500, Dow industrials eke out gains

Read more

To category page

Loading...