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GNC shares jump premarket as news of new venture offsets earnings miss

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Vitamin retailer GNC jumps premarket as new venture offsets weak earnings

GNC Holdings Inc. shares GNC, +6.54% soared more than 3% in premarket trade Tuesday, after the company said it will receive about $176 million in a partnership with International Vitamin Corp. The Pittsburgh, Pa.-based vitamin retail chain said it has agreed to integrate its manufacturing division with IVC through a joint venture.

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