DJ Genuine Parts Co. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Genuine Parts Co. (GPC) rose 1.74% to $155.19 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.86% to 5,248.49 and the Dow Jones Industrial Average rising 1.22% to 39,760.08.
The stock's rise snapped a three-day losing streak.
Genuine Parts Co. closed $19.72 short of its 52-week high ($174.91), which the company reached on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Aptiv PLC (APTV) rose 2.68% to $78.64 and Cummins Inc. $(CMI)$ rose 0.98% to $294.69.
Trading volume (754,901) remained 285,003 below its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2024.
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(END) Dow Jones Newswires
March 27, 2024 17:09 ET (21:09 GMT)
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