Gap Down Over 14% After 1Q Earnings Report -- Data Talk
May 31 2019 - 11:01AM
Dow Jones News
Gap Inc. (GPS) is currently at $17.56, down $3.05 or 14.78%
-- Would be lowest close since May 19, 2016, when it closed at
$17.28
-- On pace for largest percent decrease since Nov. 18, 2016,
when it fell 16.61%
-- On Thursday, Gap's first-quarter profit and sales missed
analysts' estimates, with Chief Executive Art Peck calling the
three-month period "extremely challenging." The company cut its
full-year guidance and reported excess inventory
-- Currently down six of the past seven days
-- Currently down four consecutive days; down 18.2% over this
period
-- Longest losing streak since Nov. 20, 2018, when it fell for
eight straight trading days
-- Worst four day stretch since the four days ending May 13,
2016, when it fell 19.21%
-- Down 32.69% month-to-date; on pace for worst month since
September 2001 when it fell 39.19%
-- Down 31.85% year-to-date
-- Down 39.38% from 52 weeks ago (June 1, 2018), when it closed
at $28.96
-- Would be a new 52 week closing low
-- Traded as low as $17.12; lowest intraday level since May 19,
2016, when it hit $17.00
-- Down 16.89% at today's intraday low; largest intraday percent
decrease since Nov. 18, 2016, when it fell as much as 17.58%
-- Worst performer in the S&P 500 today
-- Fifth most active stock in the S&P 500 today
All data as of 10:23:54 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 31, 2019 10:46 ET (14:46 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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