Why Gap Stock Is Tanking On Friday
2026-03-06 13:03:05 ET
The good news is, retailer Gap (NYSE: GAP) met its fiscal fourth-quarter sales and earnings expectations. The bad news is, the company didn't actually beat either estimate. It merely matched analysts' revenue and profit projections, which were measurably less than year-ago figures.
Given this, the stock was vulnerable to any rhetoric that was less than bullish. All it took was the perception of trouble to send shares 13.5% lower as of 12:40 p.m. ET Friday.
Here's what you need to know.
NASDAQ: GAP
GAP Trading
0.44% G/L:
$24.03 Last:
2,410,992 Volume:
$24.07 Open:



