DJ Gap Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Gap Inc. $(GPS)$ advanced 4.38% to $24.55 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.42% to 5,620.85 and the Dow Jones Industrial Average rising 0.14% to 40,890.49.
The stock's rise snapped a two-day losing streak.
Gap Inc. closed $6.20 below its 52-week high ($30.75), which the company achieved on June 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. $(AMZN)$ rose 0.69% to $180.11 and TJX Cos. $(TJX)$ rose 6.11% to $120.23.
Trading volume (7.2 M) eclipsed its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 21, 2024.
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(END) Dow Jones Newswires
August 21, 2024 17:28 ET (21:28 GMT)
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