Published on 3 Dec 2021 on Market Watch
Shares of Gap Inc. advanced 2.58% to $16.72 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.84% to 4,538.43 and Dow Jones Industrial Average falling 0.17% to 34,580.08. This was the stock's second consecutive day of gains. Gap Inc. closed $20.91 below its 52-week high ($37.63), which the company reached on May 18th.
The stock outperformed some of its competitors Friday, as H&M Hennes & Mauritz AB ADR fell 4.14% to $3.47, Urban Outfitters Inc. rose 0.16% to $31.60, and American Eagle Outfitters Inc. rose 0.23% to $26.32. Trading volume (10.6 M) eclipsed its 50-day average volume of 9.7 M.