5 Retail Stocks Suffering Markdowns

These retailers are being dragged down by heavy selling

      View All  
5 Retail Stocks Suffering Markdowns

Gap (GPS)

Gap (GPS), which was a strong performer throughout 2012 and 2013, has stalled out over the last nine months and is rolling over once more.

GPS chart 5 Retail Stocks Suffering Markdowns
Click to Enlarge

GAP stock has lost its 50- and 200-day moving averages for the first time since December after the company reported a sharp (-7%) drop in February same-store sales. This follows on disappointing guidance for full-year 2014 issued back in February.

And with retail headwinds as strong as they’ve been, there’s no relief in sight for GAP stock.


Article printed from InvestorPlace Media, http://investorplace.com/2014/03/5-retail-stocks-suffering-markdowns/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.