DJ Genuine Parts Co. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Genuine Parts Co. (GPC) slid 1.35% to $114.70 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.86% to 5,705.45 and Dow Jones Industrial Average falling 0.90% to 41,763.46.
This was the stock's third consecutive day of losses.
Genuine Parts Co. closed $49.75 short of its 52-week high ($164.45), which the company reached on April 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Aptiv PLC (APTV) fell 17.72% to $56.83 and Cummins Inc. $(CMI)$ fell 0.86% to $328.98.
Trading volume (2.8 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 31, 2024.
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(END) Dow Jones Newswires
October 31, 2024 17:14 ET (21:14 GMT)
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