Core Insights - The Gap, Inc. experienced a stock price increase of 7.96 percent, rising $1.84 to $24.90, likely influenced by the recent earnings release [1] - The company reported a third-quarter net income of $239 million, or $0.62 per share, which is a decrease from $274 million, or $0.72 per share, in the same quarter last year [1] - Revenue for the third quarter increased by 3 percent to $3.942 billion, up from $3.829 billion a year earlier [1] Stock Performance - The stock is currently trading at $25.03, compared to a previous close of $23.06 on the New York Stock Exchange [2] - The shares have fluctuated between $23.75 and $25.12 during the trading day, with a trading volume of approximately 10.32 million shares [2] - Gap's 52-week stock price range is between $16.99 and $29.29 [2]
Gap Shares Rise 8%