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Shares of Gap Inc. (GPS) slipped 0.56% to $24.82 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.72% to 4,682.85 and the Dow Jones Industrial Average rising 0.50% to 36,100.31. Gap Inc. closed $12.81 short of its 52-week high ($37.63), which the company achieved on May 18th.
The stock underperformed when compared to some of its competitors Friday, as H&M Hennes & Mauritz AB ADR rose 0.53% to $3.77, Urban Outfitters Inc. (URBN) rose 0.85% to $35.64, and American Eagle Outfitters Inc. (AEO) rose 1.74% to $26.89. Trading volume (4.8 M) remained 2.5 million below its 50-day average volume of 7.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 12, 2021.
(END) Dow Jones Newswires
November 12, 2021 16:57 ET (21:57 GMT)
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