Here's Why Gap (GPS) Gained But Lagged the Market Today

Gap (GPS) closed at $20.91 in the latest trading session, marking a +0.75% move from the prior day. The stock lagged the S&P 500's daily gain of 1.2%. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.59%.The clothing chain's shares have seen a decrease of 25.65% over the last month, not keeping up with the Retail-Wholesale sector's loss of 3.47% and the S&P 500's loss of 4.16%.Market participants will be closely following the financial results of Gap in ...