DJ Genuine Parts Co. Stock Rises Wednesday, Still Underperforms Market
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Shares of Genuine Parts Co. (GPC) inched 0.15% higher to $155.31 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.89% to 5,224.62 and the Dow Jones Industrial Average rising 1.03% to 39,512.13.
This was the stock's second consecutive day of gains.
Genuine Parts Co. closed $19.60 short of its 52-week high ($174.91), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Aptiv PLC (APTV) rose 1.40% to $79.01 and Cummins Inc. $(CMI)$ rose 2.18% to $287.13.
Trading volume (894,993) remained 150,349 below its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2024.
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(END) Dow Jones Newswires
March 20, 2024 17:09 ET (21:09 GMT)
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