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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 ...
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]
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" .
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Trading in the stock, which began on May 18, was delayed that day due to technical problems with the NASDAQ exchange. [48] The stock struggled to stay above the IPO price for most of the day, forcing underwriters to buy back shares to support the price. [300]
The outlook for Gap Inc. has declined amid sales and inventory concerns and the departure of its CEO.
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January 3, 2000: Yahoo stocks close at an all-time high of $475.00 (pre-split price) a share. This price propelled them to the most valuable company in the world at the time.