Gap (GPS) NewsBite - Gap Falls Into the Red on Downgrade
Posted on March 25, 2008 at 10:24 AM EDT
Gap Inc. (GPS) opened at 20.86. So far today, the stock has hit a low of 20.40 and a high of 20.92. GPS is now trading at 20.72, down 0.62 (-2.97%). The stock hit its 52 week high of 22.02 in December and set its 52 week low of 15.20 in August. GPS has been climbing for most of the past year. Shares of shares of clothing retailer Gap have been dropping today after a Citi Investment Research analyst downgraded the stock to "Hold" from "Buy." The broker believes the c...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)