Stock Watch: Climbs On GNC Launch

Shares of online pharmacy (Nasdaq: DSCM) climbed more than 11.5 percent on Tuesday, gaining 4-1/2 to 43-1/2, after the company announced the opening of the General Nutrition Centers store on This move came one day after the stock gained 3-1/8 to 39.

On Monday, Thomas Weisel Partners initiated coverage of with a buy rating and a 12-month price target of $80. is one of the e-commerce retailers that could see its revenues grow tremendously during the holiday season, but its competition is fierce. It will be interesting to see how performs in the next few trading sessions because rival, which is waging a price war with, is going public this week.

In addition to battling for market share, these companies will obviously be battling for investors’ dollars.

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