After Sprinting 170%, Gap Stock Needs A Rest
- Thursday, September 24, 2020, 7:15
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Following a 170% rise since the March 23 lows of this year, at the current price of around $17 per share we believe Gap stock (NYSE: GPS) has reached its near term potential. Gap’s stock has rallied from $6 to $17 off the recent bottom compared to the S&P which moved 48% over the same time period.