Down 12% Over the Past Month, is Now a Good Time to Scoop Up Gap Stock?

  • Down 12% Over the Past Month, is Now a Good Time to Scoop Up Gap Stock?

    updated 20 hours, 20 minutes ago 1 Member · 1 Post
  • Anonymous

    June 11, 2021 at 11:47 AM
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    Gap’s (GPS) shares have declined 12% over the past month following the company’s sale of Janie and Jack and its proposed sale of Intermix. But the company has assured the market that these transactions are part of its Power Plan 2023. So, the question is, given the increasing foot traffic at GPS’ retail stores and its strong digital presence, is it wise to buy the dip in the stock? Let’s find out.

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