DJ Genuine Parts Co. Stock Underperforms Thursday When Compared To Competitors
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Shares of Genuine Parts Co. (GPC) sank 0.59% to $154.10 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.21% to 5,297.10 and Dow Jones Industrial Average falling 0.10% to 39,869.38.
This was the stock's third consecutive day of losses.
Genuine Parts Co. closed $16.47 below its 52-week high ($170.57), which the company reached on July 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Aptiv PLC (APTV) rose 0.69% to $82.29 and Cummins Inc. $(CMI)$ fell 1.47% to $287.85.
Trading volume (585,754) remained 466,192 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2024.
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(END) Dow Jones Newswires
May 16, 2024 17:09 ET (21:09 GMT)
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