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

This post was originally published on this site

GPS got a boost in terms of positive investor sentiment after it introduced the first item —a new, recycled blue nylon jacket—from its collaboration with YEEZY Apparel on June 8. Furthermore, the company announced in April that Athleta will be expanding its footprint into Canada later this year.

So, GPS’ prospects seem bright because the company is expected to continue benefiting from its growing digital presence and increasing foot traffic at its retail stores as major economies continue to recover and gradually lift COVID-19 related restrictions.

Continue reading on StockNews