The Gap, Inc. (GAP) gained 7.96 percent, rising $1.84 to $24.90 on Friday, possibly lifted by yesterday's earnings release. The company reported third-quarter net income of $239 million, or $0.62 per share, down from $274 million, or $0.72 per share, a year earlier. Revenue increased 3 percent to $3.942 billion from $3.829 billion last year.
The stock is trading at $25.03, compared with a previous close of $23.06 on the New York Stock Exchange. Shares have traded between $23.75 and $25.12 so far today, with volume at about 10.32 million shares.
Gap's 52-week range is $16.99 to $29.29.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.