GNC - Following last week's dour 1Q report and subsequent biggest-ever daily stock drop, GNC looks to help get the rebound going by stating a "strategic and financial review" is under way. Such pronouncements can sometimes on their own improve sentiment around a beaten-down stock, at least for a time before details of what may or may not change ultimately come into view. GNC's potential options include a sale of the nutritional-supplement retailer. Michael Archbold is nearly 2 years into his tenure as CEO, and it seems turnaround efforts may have hit an impasse and that private equity--or a big retailer--could be the way to steady improvements in an admittedly tough sector at the moment. GNC climbs 7.5% premarket to $26.18 after last week's 30% tumble. (kevin.kingsbury@wsj.com; @kevinkingsbury) (END) Dow Jones Newswires May 02, 2016 08:16 ET (12:16 GMT) Copyright (c) 2016 Dow Jones & Company, Inc.
