DJ Genuine Parts Co. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Genuine Parts Co. (GPC) rallied 1.18% to $153.66 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.65% to 5,117.09 and Dow Jones Industrial Average falling 0.49% to 38,714.77.
The stock's rise snapped a two-day losing streak.
Genuine Parts Co. closed $21.25 below its 52-week high ($174.91), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Friday, as Aptiv PLC (APTV) rose 1.36% to $77.24 and Cummins Inc. $(CMI)$ rose 4.27% to $274.84.
Trading volume (1.7 M) eclipsed its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2024.
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(END) Dow Jones Newswires
March 15, 2024 17:09 ET (21:09 GMT)
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