Genesco Inc. (GCO) traded to the downside until mid-afternoon Thursday, but settled into a range for the remainder of the day. The stock closed lower by 1.46 at $50.63 on above average volume.
Genesco has been pulling back from its 50-day moving average for the last 2 weeks and closed at its second consecutive new low for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.