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Shares of apparel retailer The Gap (NYSE: GAP) jumped on Friday after the company reported financial results for the third quarter of 2024. As of 11:30 a.m. ET, The Gap stock was up about 9% but ...
Earnings per share of 72 cents topped analyst estimates of 57 cents. ... Guggenheim analyst Robert Drbul reiterated a Buy rating on Gap with a price target of $35. ... Price Action: GAP stock is ...
This post has been updated to reflect where prices settled after Friday's market close. ... the company didn't update its full year adjusted profit guidance of $1.85-$2.05 per share.) Gap stock ...
Gap Inc. is the largest specialty retailer in the United States, and is 3rd in total international locations, behind Inditex Group and H&M. [7] As of early 2023, Gap employs about 95,000 people. [8] The Fisher family remains deeply involved in the company, collectively owning much of its stock. [9]
She set a price target for Gap stock at $13 a share. The previous target was $17. Gap’s stock on Friday closed down 4 percent to $13.52 on the NYS.
Gap shares closed Wednesday on the NYSE up 8.23 percent, or $1.10 to $14.46. Earlier in the day, shares jumped 10 percent. On April 1, Gap’s shares spiked on the same kind of speculation.
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Gap officially changed its stock trading symbol on Thursday after going public on the New York Stock Exchange on May 19, 1976: It's now "GAP" , rather than a nod to the navigation system "GPS" .