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-0.00722456351595409 -0.00722456351595409 -0.020469596628537 -0.00602046959662841 -0.00602046959662841 0.00541842263696567 0.00866345574954859 0.00842865743527999
Stock impact report

Why The Gap Inc. (GAP) Went Down On Thursday? [Yahoo! Finance]

Gap, Inc. (The) (GAP) 
US:NYSE Investor Relations: greatatlanticinc.com
Company Research Source: Yahoo! Finance
Wall Street's three major indices suffered a bloodbath on Thursday as investors continued to digest news of President Donald Trump's tariff rollout on imports. The tech-heavy Nasdaq fell the heaviest, down by nearly 6 percent. The S&P 500 dropped by 4.84 percent and the Dow Jones was down by 3.98 percent. Ten individual stocks, predominantly under the retail sector, mirrored a broader market pessimism, finishing the day in the negative territory as investors sold off positions to mitigate risks. In this article, we named Thursday's worst performers and detailed the reasons behind their drop. To come up with the list, we considered only the stocks with $2-billion market capitalization and $5 million in trading volume. Copyright: TEA / 123RF Stock Photo The Gap Inc. dropped its share prices by 20.29 percent on Thursday to end at $17.84 apiece as investors parked funds to mitigate the risks from looming higher costs brought about by the ongoing trade war. GAP traded lower Show less Read more
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