DJ Genuine Parts Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of Genuine Parts Co. (GPC) surged 11.22% to $160.23 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.06% to 37,775.38 and the S&P 500 Index falling 0.22% to 5,011.12.
The stock's rise snapped a six-day losing streak.
Genuine Parts Co. closed $14.68 below its 52-week high ($174.91), which the company achieved on May 10th.
The stock outperformed some of its competitors Thursday, as Aptiv PLC (APTV) fell 0.04% to $69.32 and Cummins Inc. $(CMI)$ rose 0.02% to $291.42.
Trading volume (3.9 M) eclipsed its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 18, 2024.
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(END) Dow Jones Newswires
April 18, 2024 17:09 ET (21:09 GMT)
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