Gap Inc. stock rises Friday, outperforms market


Shares of Gap Inc.
GPS,
+0.89%
rose 2.10% to $29.11 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.56%
rising 0.17% to 4,436.52 and the Dow Jones Industrial Average
DJIA,
+0.03%
rising 0.41% to 35,208.51. This was the stock’s second consecutive day of gains. Gap Inc. closed $8.52 below its 52-week high ($37.63), which the company reached on May 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as H&M Hennes & Mauritz AB ADR
HNNMY,
+0.63%
fell 1.09% to $4.10, Urban Outfitters Inc.
URBN,
-1.56%
rose 3.31% to $38.74, and American Eagle Outfitters Inc.
AEO,
-1.40%
rose 2.83% to $34.51. Trading volume (7.4 M) eclipsed its 50-day average volume of 6.1 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.


View more information: https://www.marketwatch.com/story/gap-inc-stock-rises-friday-outperforms-market-01628283431-0e8489238cd6

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