GNC Shares float
What is the Shares float of GNC?
The Shares float of GNC Holdings, Inc. is 78.412M 93.30%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Health Care sector on OTC compared to GNC
What does GNC do?
GNC Holdings, Inc., together with its subsidiaries, operates as a specialty retailer of health, wellness, and performance products. It operates in three segments: U.S. and Canada, International, and Manufacturing/Wholesale. The company's products include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty products, food and drink products, and other general merchandise. It also provides third-party contract manufacturing services. The company sells its products through company-owned retail stores and its GNC.com Website, e-commerce and wholesale partnerships, and domestic and international franchise activities under the GNC proprietary brands, as well as other third-party brands. As of December 31, 2019, it had 7,532 GNC store locations worldwide. The company has a strategic partnership with Harbin Pharmaceutical Group Holding Co., Ltd. and International Vitamin Corporation. GNC Holdings, Inc. was founded in 1935 and is headquartered in Pittsburgh, Pennsylvania. On June 23, 2020, GNC Holdings, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware.
Companies with shares float similar to GNC
- Clipper Logistics Plc has Shares float of 78.277M 76.51%
- New Pacific Metals has Shares float of 78.314M 51.48%
- AgEagle Aerial Systems has Shares float of 78.321M
- OBJ has Shares float of 78.358M 53.49%
- Ocean One has Shares float of 78.400M 28.00%
- Binjiang Services Co has Shares float of 78.406M 28.37%
- GNC has Shares float of 78.412M 93.30%
- iomart Plc has Shares float of 78.433M 71.40%
- Brickworks has Shares float of 78.445M 51.53%
- Hemisphere has Shares float of 78.474M 76.63%
- Batero Gold has Shares float of 78.501M 68.15%
- Mainstream has Shares float of 78.505M 56.85%
- Knight Therapeutics has Shares float of 78.556M 68.93%