DJ Genuine Parts Co. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Genuine Parts Co. (GPC) shed 1.27% to $149.59 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.27% to 5,307.01 and Dow Jones Industrial Average falling 0.51% to 39,671.04.
This was the stock's seventh consecutive day of losses.
Genuine Parts Co. closed $20.98 short of its 52-week high ($170.57), which the company achieved on July 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Aptiv PLC (APTV) fell 0.73% to $81.71 and Cummins Inc. $(CMI)$ rose 0.37% to $287.01.
Trading volume (894,516) remained 126,091 below its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2024.
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(END) Dow Jones Newswires
May 22, 2024 17:09 ET (21:09 GMT)
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